406 Gray 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 406 Gray St, Edgefield, SC, 29824 priced at $399,000 pairs $2,311/mo rent with after a $1,953/mo payment. Total monthly income equals $2,311/mo. Return on cash invested is 19.33% in year one, and rental yield stands at 6.95% on a $399,000 basis. Equity gained on principal adds $2,575/yr, and 5% annual appreciation accumulates to $110,236 by year five. Five-year ROI measures 99.41% and total cumulative return in cash reaches $131,486. For financing, Ziffy Mortgage’s DSCR program evaluates $2,311/mo property income against a $1,953/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1930
3.62 Acres 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: #596393
Disclaimer: IDX listing data provided courtesy of Consolidated MLS - Columbia, SC