604 Contender CtIrmoSC29063
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Irmo at 604 Contender Ct, Irmo, SC, 29063 with 5% annual appreciation on a $349,800 basis while $2,624/mo rent supports operations. Total monthly income totals $2,624/mo and a $1,712/mo payment preserves $542/mo for cash returns. Annual cash flow comes to $6,502/yr on $115,959 deployed, and return on cash invested reaches 25.52% in year one. Equity gained on principal adds $2,257/yr, and five-year appreciation sums $96,643 alongside rental yield of 9%. Five-year ROI measures 132.59% and total cumulative return in cash totals $153,755.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,624/mo property income versus a $1,712/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2021
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29063, Irmo, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,409 (100%) |
| Owner Occupied HU | 12,745 (82.7%) |
| Renter Occupied HU | 2,104 (13.7%) |
| Vacant Housing Units | 560 ( 3.6%) |
| Median Home Value | $273,754 |
| Average Home Value | $346,566 |
Housing Distribution
Address Breakdown
Residential
15,078
Single Family
13,901
Multi-Family
1,177
Businesses
1,354
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jessica T Thompson • Meybohm Real Estate
Mls Name: Consolidated MLS
Mls Provider:
Mls ID: #604430
Disclaimer: IDX listing data provided courtesy of Consolidated MLS - Columbia, SC