943 Spring Hill LnOrangeburgSC29118
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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 Orangeburg at 943 Spring Hill Ln, Orangeburg, SC, 29118 uses $149,175 cash to close to unlock $5,529/yr annual cash flow and $461/mo monthly cash flow. Total monthly income runs $3,140/mo, and a $2,203/mo payment keeps the spread at $461/mo. Purchase price stands at $450,000, and rental yield measures 8.37% with $3,140/mo rent. Return on cash invested shows 23.62% in year one, and 5% annual appreciation builds toward $124,327 over five years. Five-year ROI reaches 122.41% and total cumulative return in cash records $182,598. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,140/mo property income covering a $2,203/mo payment rather than investor’s personal income.
Single Family
Built in 1989
0.68 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: N/A • Next Level Real Estate
Mls Name: CTMLS
Mls ID: #25019089