901 7th St WFairfaxSC29827
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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 Fairfax at 901 7th St W, Fairfax, SC, 29827 uses $115,362 cash to close to unlock $3,536/yr annual cash flow and $295/mo monthly cash flow. Total monthly income runs $2,366/mo, and a $1,703/mo payment keeps the spread at $295/mo. Purchase price stands at $348,000, and rental yield measures 8.16% with $2,366/mo rent. Return on cash invested shows 22.97% in year one, and 5% annual appreciation builds toward $96,146 over five years. Five-year ROI reaches 118.98% and total cumulative return in cash records $137,254. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,366/mo property income covering a $1,703/mo payment rather than investor’s personal income.
Single Family
Built in 1919
1.40 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29827, Fairfax, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,497 (100%) |
| Owner Occupied HU | 828 (55.3%) |
| Renter Occupied HU | 379 (25.3%) |
| Vacant Housing Units | 290 (19.4%) |
| Median Home Value | $81,973 |
| Average Home Value | $105,447 |
Housing Distribution
Address Breakdown
Residential
950
Single Family
950
Multi-Family
0
Businesses
98
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Listed by: William Achurch • The HomesFinder Realty Group
Mls Name: Lowcountry Regional MLS
Mls Provider:
Mls ID: #187490
Disclaimer: 2025 Lowcountry Regional Multiple Listing Service. Information is deemed reliable but not guaranteed. Information is provided exclusively for consumers personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.