2308 Mall Terrace CtOrangeburgSC29118
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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 2308 Mall Terrace Ct, Orangeburg, SC, 29118 uses $49,725 cash to close to unlock $3,106/yr annual cash flow and $259/mo monthly cash flow. Total monthly income runs $1,192/mo, and a $734/mo payment keeps the spread at $259/mo. Purchase price stands at $150,000, and rental yield measures 9.54% with $1,192/mo rent. Return on cash invested shows 26.16% in year one, and 5% annual appreciation builds toward $41,442 over five years. Five-year ROI reaches 136.41% and total cumulative return in cash records $67,830. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,192/mo property income covering a $734/mo payment rather than investor’s personal income.
Single Family
Built in 2006
2,178 sqft lot
$N/A/sqft
$300 annually 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: Justin Boneparte • Keller Williams Realty
Mls Name: Consolidated MLS
Mls Provider:
Mls ID: #600410
Disclaimer: IDX listing data provided courtesy of Consolidated MLS - Columbia, SC