2466 Norway RdOrangeburgSC29115
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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 2466 Norway Rd, Orangeburg, SC, 29115 listed at $299,000 pairs $1,309/mo rent with a $1,463/mo payment. Total monthly income runs $1,309/mo. Return on cash invested measures 14.21% in year one, and rental yield registers 5.25% at a $299,000 basis. Equity gained on principal adds $1,929/yr, and annual property appreciation at 5% supports $82,608 by year five. Five-year ROI tracks 72% and total cumulative return in cash totals $71,362. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,309/mo property income relative to a $1,463/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1984
2 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: Kayla Richardson • LPT Realty LLC
Mls Name: Consolidated MLS
Mls ID: #621245