621 Island Ford RdInmanSC29349
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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 Inman at 621 Island Ford Rd, Inman, SC, 29349 offers a 13.47% rental yield on a $175,900 purchase with $1,975/mo rent. Total monthly income registers $1,975/mo, and a $861/mo payment leaves $928/mo available for distribution. Annual cash flow reaches $11,134/yr on $58,311 to close, and return on cash invested stands at 39% in year one. Equity gained on principal adds $1,135/yr while 5% annual appreciation supports $48,598 over five years. Portfolio math shows five-year ROI at 204.93% and total cumulative return in cash at $119,497. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,975/mo property income against a $861/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Home Type Unknown
Built in 1976
3 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29349, Inman, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,711 (100%) |
| Owner Occupied HU | 12,425 (79.1%) |
| Renter Occupied HU | 2,262 (14.4%) |
| Vacant Housing Units | 1,024 ( 6.5%) |
| Median Home Value | $281,759 |
| Average Home Value | $325,145 |
Housing Distribution
Address Breakdown
Residential
15,968
Single Family
15,967
Multi-Family
1
Businesses
714
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Nearby investment properties with comparable prices
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