621 Meeting Street RdEdgefieldSC29824
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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 621 Meeting Street Rd, Edgefield, SC, 29824 at $820,000 posts ROI 15.59% with from $3,876/mo rent. Total monthly income equals $3,876/mo. Return on cash invested measures 15.59% and rental yield reads 5.67% at the current $820,000. Equity gained on principal adds $5,291/yr, and 5% annual appreciation supports $226,551 by year five. Five-year ROI prints 79.35% and total cumulative return in cash totals $214,067. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,876/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1790
29.44 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: Jewell S Pendarvis • Weichert, Realtors - Pendarvis Company
Mls Name: Consolidated MLS
Mls ID: #619603