122 Remote DrOrangeburgSC29118
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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 Orangeburg at 122 Remote Dr, Orangeburg, SC, 29118 uses $88,143 cash to close to unlock $11,983/yr annual cash flow and $999/mo monthly cash flow. Total monthly income runs $2,581/mo, and a $1,301/mo payment keeps the spread at $999/mo. Purchase price stands at $265,890, and rental yield measures 11.65% with $2,581/mo rent. Return on cash invested shows 33.5% in year one, and 5% annual appreciation builds toward $73,461 over five years. Five-year ROI reaches 175.46% and total cumulative return in cash records $154,651. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,581/mo property income covering a $1,301/mo payment rather than investor’s personal income.
Single Family
Built in 2023
8,712 sqft 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: Karen Lee • Middleton & Assoc Realtors Inc
Mls Name: Consolidated MLS
Mls ID: #603439