8297 Bannock CirGranitevilleSC29829
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
Investment property for sale in Graniteville at 8297 Bannock Cir, Graniteville, SC, 29829 earns $438/mo cash flow from $2,699/mo rent with a $1,859/mo payment. Total monthly income totals $2,699/mo, and annual cash flow totals $5,255/yr on $125,937 capital. ROI tracks 24.08% on current figures, and rental yield reads 8.53% at a $379,900 purchase. Equity gained on principal adds $2,451/yr, and 5% annual appreciation supports $104,959 over five years. Five-year ROI reaches 124.89% and total cumulative return in cash sums $157,277. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,699/mo property income instead of your personal income.
Single Family
Built in 2023
6,969 sqft lot
$N/A/sqft
No 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: Jessica Brown • RE/MAX True Advantage
Mls Name: Aiken MLS
Mls ID: #220204