127 Ridge Lake DrManningSC29102
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 Manning at 127 Ridge Lake Dr, Manning, SC, 29102 at $434,000 posts ROI 18.08% with from $2,364/mo rent. Total monthly income equals $2,364/mo. Return on cash invested measures 18.08% and rental yield reads 6.54% at the current $434,000. Equity gained on principal adds $2,801/yr, and 5% annual appreciation supports $119,906 by year five. Five-year ROI prints 92.72% and total cumulative return in cash totals $133,402. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,364/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1996
6,534 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29102, Manning, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,369 (100%) |
| Owner Occupied HU | 5,106 (61.0%) |
| Renter Occupied HU | 1,668 (19.9%) |
| Vacant Housing Units | 1,595 (19.1%) |
| Median Home Value | $172,391 |
| Average Home Value | $201,325 |
Housing Distribution
Address Breakdown
Residential
7,883
Single Family
7,596
Multi-Family
287
Businesses
724
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Nearby investment properties with comparable prices
Listed by: N/A • The Litchfield Company Real Estate
Mls Name: CTMLS
Mls ID: #25020011