507 Bauskett 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 507 Bauskett St, Edgefield, SC, 29824 priced at $375,000 converts $1,620/mo rent into after a $1,835/mo obligation. Total monthly income equals $1,620/mo. Return on cash invested prints 14% in year one, and rental yield reads 5.18% against a $375,000 entry. Equity gained on principal adds $2,420/yr, while 5% annual appreciation compiles into $103,606 by year five. Five-year ROI reaches 70.88% and total cumulative return in cash sums $88,119. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,620/mo property income covering a $1,835/mo payment, not borrower’s personal income.
Single Family
Built in 1951
1.39 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: Gail Gingrey Team • Meybohm Real Estate - Aiken
Mls Name: Aiken MLS
Mls ID: #218539