893 Heyward DrOrangeburgSC29118
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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
Rental property for sale in Orangeburg at 893 Heyward Dr, Orangeburg, SC, 29118 offers $2,160/mo rent that, after a $1,395/mo payment, leaves $463/mo cash flow. Total monthly income is $2,160/mo, and annual cash flow is $5,561/yr on $94,478 cash. Return on cash invested measures 25.79% in year one, and rental yield stands at 9.09% at a $285,000 entry. Equity gained on principal adds $1,839/yr while 5% annual appreciation compounds into $78,740 by year five. Five-year ROI records 134.13% and total cumulative return in cash reaches $126,726. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,160/mo property income versus a $1,395/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1989
0.81 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29118, Orangeburg, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,069 (100%) |
| Owner Occupied HU | 4,446 (62.9%) |
| Renter Occupied HU | 1,858 (26.3%) |
| Vacant Housing Units | 765 (10.8%) |
| Median Home Value | $196,852 |
| Average Home Value | $239,056 |
Housing Distribution
Address Breakdown
Residential
6,940
Single Family
6,577
Multi-Family
363
Businesses
377
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Listed by: Dawn Marie Rucinski • Palmetto Real Estate Group
Mls Name: Aiken MLS
Mls ID: #221069