8497 Bannock CircleGranitevilleSC29829
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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
Rental property for sale in Graniteville at 8497 Bannock Circle, Graniteville, SC, 29829 generates $2,658/mo in rent and, after a $1,375/mo payment, leaves $986/mo in cash flow. Total monthly income is $2,658/mo, and annual cash flow is $11,829/yr on $93,118 invested. Return on cash invested sits at 32.61% in year one, and rental yield is 11.35% on a $280,900 entry. Equity gained on principal adds $1,813/yr, while 5% annual appreciation builds toward $77,607 over five years. Five-year ROI reaches 170.65% and total cumulative return in cash sums $158,907. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,658/mo property income rather than buyer’s personal income.
Single Family
Built in 2025
9,583 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: Eric Crawford • Berkshire Hathaway HomeServices Beazley Realtors
Mls Name: Hive MLS
Mls ID: #548810