488 Wickham DrGranitevilleSC29829
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
Investment property for sale in Graniteville at 488 Wickham Dr, Graniteville, SC, 29829 uses $120,964 cash to close to unlock $5,278/yr annual cash flow and $440/mo monthly cash flow. Total monthly income runs $2,612/mo, and a $1,786/mo payment keeps the spread at $440/mo. Purchase price stands at $364,900, and rental yield measures 8.59% with $2,612/mo rent. Return on cash invested shows 24.27% in year one, and 5% annual appreciation builds toward $100,815 over five years. Five-year ROI reaches 125.92% and total cumulative return in cash records $152,316. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,612/mo property income covering a $1,786/mo payment rather than investor’s personal income.
Single Family
Built in 2006
0.35 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29829, Graniteville, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,895 (100%) |
| Owner Occupied HU | 4,094 (69.4%) |
| Renter Occupied HU | 1,163 (19.7%) |
| Vacant Housing Units | 638 (10.8%) |
| Median Home Value | $252,865 |
| Average Home Value | $251,090 |
Housing Distribution
Address Breakdown
Residential
5,888
Single Family
5,888
Multi-Family
0
Businesses
205
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: GA SC Homes Team • Meybohm Real Estate - North Au
Mls Name: Aiken MLS
Mls ID: #220389