934 Rodney RdOrangeburgSC29115
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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 934 Rodney Rd, Orangeburg, SC, 29115 priced at $294,000 converts $1,658/mo rent into after a $1,439/mo obligation. Total monthly income equals $1,658/mo. Return on cash invested prints 18.77% in year one, and rental yield reads 6.77% against a $294,000 entry. Equity gained on principal adds $1,897/yr, while 5% annual appreciation compiles into $81,227 by year five. Five-year ROI reaches 96.44% and total cumulative return in cash sums $93,996. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,658/mo property income covering a $1,439/mo payment, not borrower’s personal income.
Single Family
Built in 2023
0.51 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: Wilmont Berry • eXp Realty, LLC
Mls Name: Palmetto MLS
Mls Provider:
Mls ID: #49068
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.