1138 North StBambergSC29003
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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
Rental property for sale in Bamberg at 1138 North St, Bamberg, SC, 29003 generates $1,994/mo in rent and, after a $1,028/mo payment, leaves $744/mo in cash flow. Total monthly income is $1,994/mo, and annual cash flow is $8,925/yr on $69,615 invested. Return on cash invested sits at 32.73% in year one, and rental yield is 11.39% on a $210,000 entry. Equity gained on principal adds $1,355/yr, while 5% annual appreciation builds toward $58,019 over five years. Five-year ROI reaches 171.3% and total cumulative return in cash sums $119,248. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,994/mo property income rather than buyer’s personal income.
Single Family
Built in 1950
0.66 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29003, Bamberg, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,783 (100%) |
| Owner Occupied HU | 1,754 (63.0%) |
| Renter Occupied HU | 654 (23.5%) |
| Vacant Housing Units | 375 (13.5%) |
| Median Home Value | $137,500 |
| Average Home Value | $158,556 |
Housing Distribution
Address Breakdown
Residential
2,456
Single Family
2,456
Multi-Family
0
Businesses
263
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Listed by: N/A • Carolina One Real Estate
Mls Name: CTMLS
Mls ID: #25030512