2255 Chromite DrGranitevilleSC29829
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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 Graniteville at 2255 Chromite Dr, Graniteville, SC, 29829 offers a 9.43% rental yield on a $343,530 purchase with $2,700/mo rent. Total monthly income registers $2,700/mo, and a $1,681/mo payment leaves $626/mo available for distribution. Annual cash flow reaches $7,515/yr on $113,880 to close, and return on cash invested stands at 26.51% in year one. Equity gained on principal adds $2,217/yr while 5% annual appreciation supports $94,911 over five years. Portfolio math shows five-year ROI at 138.06% and total cumulative return in cash at $157,223. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,700/mo property income against a $1,681/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2025
7,405 sqft lot
$N/A/sqft
$350 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29829, Graniteville, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,895 (100%) |
| Owner Occupied HU | 4,094 (69.4%) |
| Renter Occupied HU | 1,163 (19.7%) |
| Vacant Housing Units | 638 (10.8%) |
| Median Home Value | $252,865 |
| Average Home Value | $251,090 |
Housing Distribution
Address Breakdown
Residential
5,888
Single Family
5,888
Multi-Family
0
Businesses
205
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Listed by: PJ Howard • D.R. Horton Realty of Georgia
Mls Name: Aiken MLS
Mls Provider:
Mls ID: #217333
Disclaimer: Copyright Aiken Association of Realtors and MLS. All rights reserved. Information is deemed reliable but not guaranteed.