1216 Ackerman DrGranitevilleSC29829
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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 Graniteville at 1216 Ackerman Dr, Graniteville, SC, 29829 uses $101,108 cash to close to unlock $7,863/yr annual cash flow and $655/mo monthly cash flow. Total monthly income runs $2,471/mo, and a $1,493/mo payment keeps the spread at $655/mo. Purchase price stands at $305,000, and rental yield measures 9.72% with $2,471/mo rent. Return on cash invested shows 27.69% in year one, and 5% annual appreciation builds toward $84,266 over five years. Five-year ROI reaches 144.27% and total cumulative return in cash records $145,870. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,471/mo property income covering a $1,493/mo payment rather than investor’s personal income.
Single Family
Built in 2011
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29829, Graniteville, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,895 (100%) |
| Owner Occupied HU | 4,094 (69.4%) |
| Renter Occupied HU | 1,163 (19.7%) |
| Vacant Housing Units | 638 (10.8%) |
| Median Home Value | $252,865 |
| Average Home Value | $251,090 |
Housing Distribution
Address Breakdown
Residential
5,888
Single Family
5,888
Multi-Family
0
Businesses
205
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Listed by: David Myer • Century 21 Jeff Keller Realty
Mls Name: REALTORS of Greater Augusta
Mls ID: #544569