114 Ginger Lake DrOrangeburgSC29118
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 Orangeburg at 114 Ginger Lake Dr, Orangeburg, SC, 29118 at $235,000 posts ROI 22.53% with $170/mo cash flow from $1,569/mo rent. Total monthly income equals $1,569/mo, and annual cash flow records $2,044/yr on $77,903 to close. Return on cash invested measures 22.53% and rental yield reads 8.01% at the current $235,000. Equity gained on principal adds $1,516/yr, and 5% annual appreciation supports $64,926 by year five. Five-year ROI prints 116.64% and total cumulative return in cash totals $90,868.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,569/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2000
0.72 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29118, Orangeburg, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,069 (100%) |
| Owner Occupied HU | 4,446 (62.9%) |
| Renter Occupied HU | 1,858 (26.3%) |
| Vacant Housing Units | 765 (10.8%) |
| Median Home Value | $196,852 |
| Average Home Value | $239,056 |
Housing Distribution
Address Breakdown
Residential
6,940
Single Family
6,577
Multi-Family
363
Businesses
377
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Listed by: Teresa A Popham • Aiken Premier Realty
Mls Name: Aiken MLS
Mls ID: #218600