8039 Red Rock WayGranitevilleSC29829
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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
Investment property for sale in Graniteville at 8039 Red Rock Way, Graniteville, SC, 29829 uses $96,102 cash to close to unlock $9,754/yr annual cash flow and $813/mo monthly cash flow. Total monthly income runs $2,656/mo, and a $1,419/mo payment keeps the spread at $813/mo. Purchase price stands at $289,900, and rental yield measures 10.99% with $2,656/mo rent. Return on cash invested shows 30.06% in year one, and 5% annual appreciation builds toward $80,094 over five years. Five-year ROI reaches 157.49% and total cumulative return in cash records $151,353. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,656/mo property income covering a $1,419/mo payment rather than investor’s personal income.
Single Family
Built in 2009
0.36 Acres lot
$N/A/sqft
$425 annually 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: LeKehia Hammond • Keller Williams Realty Augusta Partners
Mls Name: Aiken MLS
Mls Provider:
Mls ID: #214433
Disclaimer: Copyright Aiken Association of Realtors and MLS. All rights reserved. Information is deemed reliable but not guaranteed.