112 Franklin CirRidgelandSC29936
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
Investment property for sale in Ridgeland at 112 Franklin Cir, Ridgeland, SC, 29936 at $234,750 posts ROI 42.68% with $1,477/mo cash flow from $2,874/mo rent. Total monthly income equals $2,874/mo, and annual cash flow records $17,719/yr on $77,820 to close. Return on cash invested measures 42.68% and rental yield reads 14.69% at the current $234,750. Equity gained on principal adds $1,515/yr, and 5% annual appreciation supports $64,857 by year five. Five-year ROI prints 224.66% and total cumulative return in cash totals $174,826.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,874/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1975
0.52 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29936, Ridgeland, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,957 (100%) |
| Owner Occupied HU | 4,739 (68.1%) |
| Renter Occupied HU | 1,441 (20.7%) |
| Vacant Housing Units | 777 (11.2%) |
| Median Home Value | $277,227 |
| Average Home Value | $325,328 |
Housing Distribution
Address Breakdown
Residential
6,125
Single Family
5,494
Multi-Family
631
Businesses
766
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Nearby investment properties with comparable prices
Listed by: George Maldonis • Gibbs Realty & Auction Co Inc
Mls Name: REsides, Inc.
Mls Provider:
Mls ID: #447874
Disclaimer: We do not attempt to independently verify the currency, completeness, accuracy or authenticity of the data contained herein. It may be subject to transcription and transmission errors. Accordingly, the data is provided on an as is as available basis only and may not reflect all real estate activity in the market. 2024 REsides, Inc. All rights reserved. Certain information contained herein is derived from information which is the licensed property of, and copyrighted by, REsides, Inc.