918 Carolina AveOrangeburgSC29115
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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 918 Carolina Ave, Orangeburg, SC, 29115 offers $2,332/mo rent that, after a $1,175/mo payment, leaves $857/mo cash flow. Total monthly income is $2,332/mo, and annual cash flow is $10,279/yr on $79,560 cash. Return on cash invested measures 32.83% in year one, and rental yield stands at 11.66% at a $240,000 entry. Equity gained on principal adds $1,549/yr while 5% annual appreciation compounds into $66,308 by year five. Five-year ROI records 172.1% and total cumulative return in cash reaches $136,922. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,332/mo property income versus a $1,175/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1952
0.67 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29115, Orangeburg, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,213 (100%) |
| Owner Occupied HU | 6,388 (48.3%) |
| Renter Occupied HU | 4,056 (30.7%) |
| Vacant Housing Units | 2,769 (21.0%) |
| Median Home Value | $118,248 |
| Average Home Value | $173,700 |
Housing Distribution
Address Breakdown
Residential
11,998
Single Family
11,808
Multi-Family
190
Businesses
1,271
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Listed by: N/A • N/A
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