117 Ridgestone DrCentralSC29630
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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 Central at 117 Ridgestone Dr, Central, SC, 29630 listed at $714,000 pairs $4,638/mo rent with a $3,495/mo payment to leave $387/mo cash flow. Total monthly income runs $4,638/mo, and annual cash flow reaches $4,648/yr on $234,906 cash to close. Return on cash invested measures 22.04% in year one, and rental yield registers 7.79% at a $714,000 basis. Equity gained on principal adds $4,607/yr, and annual property appreciation at 5% supports $197,265 by year five. Five-year ROI tracks 113.92% and total cumulative return in cash totals $267,607. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,638/mo property income relative to a $3,495/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2008
0.58 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29630, Central, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,159 (100%) |
| Owner Occupied HU | 3,817 (46.8%) |
| Renter Occupied HU | 3,486 (42.7%) |
| Vacant Housing Units | 856 (10.5%) |
| Median Home Value | $273,468 |
| Average Home Value | $318,577 |
Housing Distribution
Address Breakdown
Residential
6,911
Single Family
5,102
Multi-Family
1,809
Businesses
228
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Listed by: Susan Gallion • Coldwell Banker Caine/Williams
Mls Name: WUMLS
Mls ID: #20290622