2415 Riley StOrangeburgSC29118
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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
Rental property for sale in Orangeburg at 2415 Riley St, Orangeburg, SC, 29118 priced at $190,000 converts $1,428/mo rent into $297/mo cash flow after a $930/mo obligation. Total monthly income equals $1,428/mo, and annual cash flow totals $3,563/yr on $62,985 invested. Return on cash invested prints 25.57% in year one, and rental yield reads 9.02% against a $190,000 entry. Equity gained on principal adds $1,226/yr, while 5% annual appreciation compiles into $52,494 by year five. Five-year ROI reaches 132.87% and total cumulative return in cash sums $83,688. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,428/mo property income covering a $930/mo payment, not borrower’s personal income.
Single Family
Built in 1977
0.82 Acres lot
$N/A/sqft
No 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: Mauricio Garcia • Elite Properties Realty, LLC
Mls Name: Consolidated MLS
Mls Provider:
Mls ID: #600183
Disclaimer: IDX listing data provided courtesy of Consolidated MLS - Columbia, SC