1006 W Main St, Ridge Spring, SC, 29129 | $447/mo Cash Flow

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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 Ridge Spring at 1006 W Main St, Ridge Spring, SC, 29129 at $325,000 posts ROI 24.89% with $447/mo cash flow from $2,385/mo rent. Total monthly income equals $2,385/mo, and annual cash flow records $5,368/yr on $107,738 to close. Return on cash invested measures 24.89% and rental yield reads 8.81% at the current $325,000. Equity gained on principal adds $2,097/yr, and 5% annual appreciation supports $89,792 by year five. Five-year ROI prints 129.28% and total cumulative return in cash totals $139,285.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,385/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).

Single Family

Built in 1930

0.93 Acres lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 29129, Ridge Spring, SC area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	1,536 (100%)
Owner Occupied HU	1,057 (68.8%)
Renter Occupied HU	240 (15.6%)
Vacant Housing Units	239 (15.6%)
Median Home Value	$185,417
Average Home Value	$236,152