106 Ridge Circle DrCamdenSC29020
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 Camden at 106 Ridge Circle Dr, Camden, SC, 29020 generates $2,915/mo in rent and, after a $1,835/mo payment, leaves $683/mo in cash flow. Total monthly income is $2,915/mo, and annual cash flow is $8,198/yr on $124,313 invested. Return on cash invested sits at 26.5% in year one, and rental yield is 9.33% on a $375,000 entry. Equity gained on principal adds $2,420/yr, while 5% annual appreciation builds toward $103,606 over five years. Five-year ROI reaches 137.93% and total cumulative return in cash sums $171,459. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,915/mo property income rather than buyer’s personal income.
Single Family
Built in 2021
10,018 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29020, Camden, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,779 (100%) |
| Owner Occupied HU | 7,887 (67.0%) |
| Renter Occupied HU | 2,472 (21.0%) |
| Vacant Housing Units | 1,420 (12.1%) |
| Median Home Value | $247,889 |
| Average Home Value | $318,722 |
Housing Distribution
Address Breakdown
Residential
11,014
Single Family
10,535
Multi-Family
479
Businesses
898
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Twyla Perkins • Coldwell Banker Realty
Mls Name: Consolidated MLS
Mls ID: #618865