102 Ridgeway StAbbevilleSC29620
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Abbeville at 102 Ridgeway St, Abbeville, SC, 29620 priced at $164,900 pairs $1,332/mo rent with $350/mo cash flow after a $807/mo payment. Total monthly income equals $1,332/mo, and annual cash flow comes to $4,206/yr on $54,664 invested. Return on cash invested is 27.6% in year one, and rental yield stands at 9.69% on a $164,900 basis. Equity gained on principal adds $1,064/yr, and 5% annual appreciation accumulates to $45,559 by year five. Five-year ROI measures 143.86% and total cumulative return in cash reaches $78,640. For financing, Ziffy Mortgage’s DSCR program evaluates $1,332/mo property income against a $807/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1949
0.41 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29620, Abbeville, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,155 (100%) |
| Owner Occupied HU | 4,127 (67.1%) |
| Renter Occupied HU | 1,138 (18.5%) |
| Vacant Housing Units | 890 (14.5%) |
| Median Home Value | $180,348 |
| Average Home Value | $215,574 |
Housing Distribution
Address Breakdown
Residential
5,530
Single Family
5,396
Multi-Family
134
Businesses
522
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Listed by: Benjamin Lawrence • Your Home Sold Guaranteed Realty
Mls Name: My State MLS
Mls ID: #11458655