1438 Lartique 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
Rental property for sale in Orangeburg at 1438 Lartique Dr, Orangeburg, SC, 29118 generates $1,943/mo in rent and, after a $974/mo payment, leaves $759/mo in cash flow. Total monthly income is $1,943/mo, and annual cash flow is $9,102/yr on $65,935 invested. Return on cash invested sits at 33.71% in year one, and rental yield is 11.72% on a $198,900 entry. Equity gained on principal adds $1,283/yr, while 5% annual appreciation builds toward $54,952 over five years. Five-year ROI reaches 176.59% and total cumulative return in cash sums $116,435. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,943/mo property income rather than buyer’s personal income.
Single Family
Built in 1966
1.90 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: Christopher Clay • ERA Wilder Realty
Mls Name: Consolidated MLS
Mls ID: #613629