2050 Atlantic AveOrangeburgSC29115
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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 2050 Atlantic Ave, Orangeburg, SC, 29115 uses $39,449 cash to close to unlock $2,665/yr annual cash flow and $222/mo monthly cash flow. Total monthly income runs $930/mo, and a $582/mo payment keeps the spread at $222/mo. Purchase price stands at $119,000, and rental yield measures 9.38% with $930/mo rent. Return on cash invested shows 26.66% in year one, and 5% annual appreciation builds toward $32,878 over five years. Five-year ROI reaches 138.88% and total cumulative return in cash records $54,785. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $930/mo property income covering a $582/mo payment rather than investor’s personal income.
Single Family
Built in 1965
0.36 Acres 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
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Listed by: N/A • Exit Realty Lowcountry Group
Mls Name: CTMLS
Mls ID: #25019866