501 Buncombe 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
Investment property for sale in Edgefield at 501 Buncombe St, Edgefield, SC, 29824 at $399,900 posts ROI 23.64% with $412/mo cash flow from $2,800/mo rent. Total monthly income equals $2,800/mo, and annual cash flow records $4,941/yr on $132,567 to close. Return on cash invested measures 23.64% and rental yield reads 8.4% at the current $399,900. Equity gained on principal adds $2,580/yr, and 5% annual appreciation supports $110,485 by year five. Five-year ROI prints 122.53% and total cumulative return in cash totals $162,440.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,800/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1900
0.76 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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Nearby investment properties with comparable prices
Listed by: Jewell S Pendarvis • Weichert, Realtors - Pendarvis Company
Mls Name: Consolidated MLS
Mls Provider:
Mls ID: #597919
Disclaimer: IDX listing data provided courtesy of Consolidated MLS - Columbia, SC