129 Ridgeland DrSix MileSC29682
Nearby investment properties with comparable rents
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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 Six Mile at 129 Ridgeland Dr, Six Mile, SC, 29682 earns $81/mo cash flow from $2,402/mo rent with a $1,908/mo payment. Total monthly income totals $2,402/mo, and annual cash flow totals $976/yr on $129,252 capital. ROI tracks 20.66% on current figures, and rental yield reads 7.39% at a $389,900 purchase. Equity gained on principal adds $2,516/yr, and 5% annual appreciation supports $107,722 over five years. Five-year ROI reaches 106.59% and total cumulative return in cash sums $137,773. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,402/mo property income instead of your personal income.
Single Family
Built in N/A
0.65 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29682, Six Mile, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,328 (100%) |
| Owner Occupied HU | 1,704 (73.2%) |
| Renter Occupied HU | 206 ( 8.8%) |
| Vacant Housing Units | 418 (18.0%) |
| Median Home Value | $311,228 |
| Average Home Value | $459,384 |
Housing Distribution
Address Breakdown
Residential
1,852
Single Family
1,834
Multi-Family
18
Businesses
92
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Listed by: Daniel Delmarco • Keller Williams Seneca
Mls Name: WUMLS
Mls ID: #20290475