61 Bignon StBarnwellSC29812
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
Rental property for sale in Barnwell at 61 Bignon St, Barnwell, SC, 29812 priced at $185,000 converts $1,264/mo rent into $163/mo cash flow after a $905/mo obligation. Total monthly income equals $1,264/mo, and annual cash flow totals $1,959/yr on $61,328 invested. Return on cash invested prints 23.1% in year one, and rental yield reads 8.2% against a $185,000 entry. Equity gained on principal adds $1,194/yr, while 5% annual appreciation compiles into $51,112 by year five. Five-year ROI reaches 119.7% and total cumulative return in cash sums $73,407. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,264/mo property income covering a $905/mo payment, not borrower’s personal income.
Single Family
Built in N/A
0.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29812, Barnwell, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,266 (100%) |
| Owner Occupied HU | 3,355 (63.7%) |
| Renter Occupied HU | 1,171 (22.2%) |
| Vacant Housing Units | 740 (14.1%) |
| Median Home Value | $119,497 |
| Average Home Value | $160,508 |
Housing Distribution
Address Breakdown
Residential
4,757
Single Family
4,702
Multi-Family
55
Businesses
453
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Nearby investment properties with comparable prices
Listed by: Allison Forehand • Coldwell Banker Best Life Realty
Mls Name: Aiken MLS
Mls Provider:
Mls ID: #215814
Disclaimer: Copyright Aiken Association of Realtors and MLS. All rights reserved. Information is deemed reliable but not guaranteed.