709 Riverwalk WayIrmoSC29063
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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 Irmo at 709 Riverwalk Way, Irmo, SC, 29063 listed at $259,999 pairs $1,894/mo rent with a $1,273/mo payment to leave $346/mo cash flow. Total monthly income runs $1,894/mo, and annual cash flow reaches $4,150/yr on $86,190 cash to close. Return on cash invested measures 24.72% in year one, and rental yield registers 8.74% at a $259,999 basis. Equity gained on principal adds $1,678/yr, and annual property appreciation at 5% supports $71,833 by year five. Five-year ROI tracks 128.35% and total cumulative return in cash totals $110,621. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,894/mo property income relative to a $1,273/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1991
0.27 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
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Listed by: Amber Wingard • Realty One Group Reside
Mls Name: Consolidated MLS
Mls ID: #619301