312 Majority RdOrangeburgSC29118
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 312 Majority Rd, Orangeburg, SC, 29118 offers $1,199/mo rent that, after a $734/mo payment, leaves $306/mo cash flow. Total monthly income is $1,199/mo, and annual cash flow is $3,675/yr on $49,725 cash. Return on cash invested measures 27.3% in year one, and rental yield stands at 9.59% at a $150,000 entry. Equity gained on principal adds $968/yr while 5% annual appreciation compounds into $41,442 by year five. Five-year ROI records 142.23% and total cumulative return in cash reaches $70,722. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,199/mo property income versus a $734/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1987
1.97 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: DeMarcus Pelzer • Coldwell Banker Realty
Mls Name: Consolidated MLS
Mls ID: #622620