602 Madelyn DrGranitevilleSC29829
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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 Graniteville at 602 Madelyn Dr, Graniteville, SC, 29829 priced at $475,000 pairs $2,700/mo rent with after a $2,325/mo payment. Total monthly income equals $2,700/mo. Return on cash invested is 18.94% in year one, and rental yield stands at 6.82% on a $475,000 basis. Equity gained on principal adds $3,065/yr, and 5% annual appreciation accumulates to $131,234 by year five. Five-year ROI measures 97.33% and total cumulative return in cash reaches $153,259. For financing, Ziffy Mortgage’s DSCR program evaluates $2,700/mo property income against a $2,325/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2007
1.38 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
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Listed by: Wendy H Kizer • Meybohm Real Estate - North Au
Mls Name: Aiken MLS
Mls ID: #219232