303 Main StEdgefieldSC29824
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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 Edgefield at 303 Main St, Edgefield, SC, 29824 priced at $590,000 pairs $1,422/mo rent with after a $2,888/mo payment. Total monthly income equals $1,422/mo. Return on cash invested is 7.14% in year one, and rental yield stands at 2.89% on a $590,000 basis. Equity gained on principal adds $3,807/yr, and 5% annual appreciation accumulates to $163,006 by year five. Five-year ROI measures 34.02% and total cumulative return in cash reaches $66,028. For financing, Ziffy Mortgage’s DSCR program evaluates $1,422/mo property income against a $2,888/mo payment instead of your W2s, 1099s, or Tax returns.
Multi Family
Built in 1900
2,613 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29824, Edgefield, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,338 (100%) |
| Owner Occupied HU | 2,160 (64.7%) |
| Renter Occupied HU | 687 (20.6%) |
| Vacant Housing Units | 491 (14.7%) |
| Median Home Value | $173,291 |
| Average Home Value | $214,529 |
Housing Distribution
Address Breakdown
Residential
2,742
Single Family
2,690
Multi-Family
52
Businesses
292
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Listed by: Donna E Hamilton • Donna Hamilton Realty
Mls Name: Aiken MLS
Mls ID: #219342