35 Orchard CirEdgefieldSC29824
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 Edgefield at 35 Orchard Cir, Edgefield, SC, 29824 priced at $260,250 converts $2,388/mo rent into $839/mo cash flow after a $1,274/mo obligation. Total monthly income equals $2,388/mo, and annual cash flow totals $10,063/yr on $86,273 invested. Return on cash invested prints 31.57% in year one, and rental yield reads 11.01% against a $260,250 entry. Equity gained on principal adds $1,679/yr, while 5% annual appreciation compiles into $71,902 by year five. Five-year ROI reaches 165.1% and total cumulative return in cash sums $142,440. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,388/mo property income covering a $1,274/mo payment, not borrower’s personal income.
Single Family
Built in 2022
10,018 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: Jewell S Pendarvis • Weichert, Realtors - Pendarvis Company
Mls Name: Consolidated MLS
Mls Provider:
Mls ID: #600082
Disclaimer: IDX listing data provided courtesy of Consolidated MLS - Columbia, SC