196 Garrett RdEdgefieldSC29824
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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 Edgefield at 196 Garrett Rd, Edgefield, SC, 29824 earns $242/mo cash flow from $1,016/mo rent with a $636/mo payment. Total monthly income totals $1,016/mo, and annual cash flow totals $2,909/yr on $43,095 capital. ROI tracks 26.66% on current figures, and rental yield reads 9.38% at a $130,000 purchase. Equity gained on principal adds $839/yr, and 5% annual appreciation supports $35,917 over five years. Five-year ROI reaches 138.79% and total cumulative return in cash sums $59,811. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,016/mo property income instead of your personal income.
Manufactured
Built in 1997
2 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29824, Edgefield, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,338 (100%) |
| Owner Occupied HU | 2,160 (64.7%) |
| Renter Occupied HU | 687 (20.6%) |
| Vacant Housing Units | 491 (14.7%) |
| Median Home Value | $173,291 |
| Average Home Value | $214,529 |
Housing Distribution
Address Breakdown
Residential
2,742
Single Family
2,690
Multi-Family
52
Businesses
292
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Listed by: Jennifer Miller • Olde South Properties - Aiken
Mls Name: Aiken MLS
Mls ID: #220941