1902 Stroman StOrangeburgSC29115
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 1902 Stroman St, Orangeburg, SC, 29115 uses $52,377 cash to close to unlock $3,369/yr annual cash flow and $281/mo monthly cash flow. Total monthly income runs $1,221/mo, and a $773/mo payment keeps the spread at $281/mo. Purchase price stands at $158,000, and rental yield measures 9.27% with $1,221/mo rent. Return on cash invested shows 26.34% in year one, and 5% annual appreciation builds toward $43,652 over five years. Five-year ROI reaches 137.05% and total cumulative return in cash records $71,782. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,221/mo property income covering a $773/mo payment rather than investor’s personal income.
Single Family
Built in 1952
5,488 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29115, Orangeburg, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,213 (100%) |
| Owner Occupied HU | 6,388 (48.3%) |
| Renter Occupied HU | 4,056 (30.7%) |
| Vacant Housing Units | 2,769 (21.0%) |
| Median Home Value | $118,248 |
| Average Home Value | $173,700 |
Housing Distribution
Address Breakdown
Residential
11,998
Single Family
11,808
Multi-Family
190
Businesses
1,271
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Duane Warr • WE Real Estate Solutions LLC
Mls Name: Consolidated MLS
Mls Provider:
Mls ID: #598233
Disclaimer: IDX listing data provided courtesy of Consolidated MLS - Columbia, SC