631 Mimosa DrOrangeburgSC29115
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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 Orangeburg at 631 Mimosa Dr, Orangeburg, SC, 29115 uses $78,201 cash to close to unlock $924/yr annual cash flow and $77/mo monthly cash flow. Total monthly income runs $1,495/mo, and a $1,155/mo payment keeps the spread at $77/mo. Purchase price stands at $235,900, and rental yield measures 7.6% with $1,495/mo rent. Return on cash invested shows 21.09% in year one, and 5% annual appreciation builds toward $65,175 over five years. Five-year ROI reaches 108.93% and total cumulative return in cash records $85,187. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,495/mo property income covering a $1,155/mo payment rather than investor’s personal income.
Single Family
Built in 1971
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29115, Orangeburg, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,213 (100%) |
| Owner Occupied HU | 6,388 (48.3%) |
| Renter Occupied HU | 4,056 (30.7%) |
| Vacant Housing Units | 2,769 (21.0%) |
| Median Home Value | $118,248 |
| Average Home Value | $173,700 |
Housing Distribution
Address Breakdown
Residential
11,998
Single Family
11,808
Multi-Family
190
Businesses
1,271
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Listed by: Leon Felder • Felder & Associates Real Estate
Mls Name: Palmetto MLS
Mls Provider:
Mls ID: #49106
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.