619 Bridge StBambergSC29003
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 Bamberg at 619 Bridge St, Bamberg, SC, 29003 generates $1,963/mo in rent and, after a $974/mo payment, leaves $778/mo in cash flow. Total monthly income is $1,963/mo, and annual cash flow is $9,341/yr on $65,969 invested. Return on cash invested sits at 34.07% in year one, and rental yield is 11.84% on a $199,000 entry. Equity gained on principal adds $1,284/yr, while 5% annual appreciation builds toward $54,980 over five years. Five-year ROI reaches 178.51% and total cumulative return in cash sums $117,762. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,963/mo property income rather than buyer’s personal income.
Single Family
Built in 1920
0.71 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29003, Bamberg, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,783 (100%) |
| Owner Occupied HU | 1,754 (63.0%) |
| Renter Occupied HU | 654 (23.5%) |
| Vacant Housing Units | 375 (13.5%) |
| Median Home Value | $137,500 |
| Average Home Value | $158,556 |
Housing Distribution
Address Breakdown
Residential
2,456
Single Family
2,456
Multi-Family
0
Businesses
263
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Miranda Mole • TruHome Realty
Mls Name: Consolidated MLS
Mls ID: #609051