1168 Holly Ridge RdBlacksburgSC29702
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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
Investment Highlights
Investment property for sale in Blacksburg at 1168 Holly Ridge Rd, Blacksburg, SC, 29702 offers a 7.66% rental yield on a $260,000 purchase with $1,660/mo rent. Total monthly income registers $1,660/mo, and a $1,273/mo payment leaves $112/mo available for distribution. Annual cash flow reaches $1,342/yr on $86,190 to close, and return on cash invested stands at 21.47% in year one. Equity gained on principal adds $1,678/yr while 5% annual appreciation supports $71,833 over five years. Portfolio math shows five-year ROI at 110.87% and total cumulative return in cash at $95,561. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,660/mo property income against a $1,273/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1982
1.33 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29702, Blacksburg, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,531 (100%) |
| Owner Occupied HU | 3,184 (70.3%) |
| Renter Occupied HU | 949 (20.9%) |
| Vacant Housing Units | 398 ( 8.8%) |
| Median Home Value | $174,119 |
| Average Home Value | $197,639 |
Housing Distribution
Address Breakdown
Residential
4,480
Single Family
4,478
Multi-Family
2
Businesses
285
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Listed by: Brody Vipperman • EXP Realty LLC
Mls Name: SAR
Mls Provider:
Mls ID: #322522
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.