10046 State Highway 34 E, Ridgeway, SC, 29130 | $647/mo Cash Flow

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Ridgeway at 10046 State Highway 34 E, Ridgeway, SC, 29130 offers a 10.19% rental yield on a $255,000 purchase with $2,165/mo rent. Total monthly income registers $2,165/mo, and a $1,248/mo payment leaves $647/mo available for distribution. Annual cash flow reaches $7,766/yr on $84,533 to close, and return on cash invested stands at 29.1% in year one. Equity gained on principal adds $1,645/yr while 5% annual appreciation supports $70,452 over five years. Portfolio math shows five-year ROI at 151.83% and total cumulative return in cash at $128,348. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,165/mo property income against a $1,248/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Single Family

Built in 2025

0.75 Acres lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 29130, Ridgeway, SC area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	3,364 (100%)
Owner Occupied HU	2,400 (71.3%)
Renter Occupied HU	331 ( 9.8%)
Vacant Housing Units	633 (18.8%)
Median Home Value	$298,485
Average Home Value	$350,709