163 Willow Bay 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 163 Willow Bay Dr, Orangeburg, SC, 29118 priced at $310,995 pairs $1,320/mo rent with after a $1,522/mo payment. Total monthly income equals $1,320/mo. Return on cash invested is 13.73% in year one, and rental yield stands at 5.09% on a $310,995 basis. Equity gained on principal adds $2,007/yr, and 5% annual appreciation accumulates to $85,922 by year five. Five-year ROI measures 69.38% and total cumulative return in cash reaches $71,528. For financing, Ziffy Mortgage’s DSCR program evaluates $1,320/mo property income against a $1,522/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2024
N/A 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 & Associates
Mls Name: Palmetto MLS
Mls Provider:
Mls ID: #47926
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.