1339 McCreight RdRidge SpringSC29129
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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 Ridge Spring at 1339 McCreight Rd, Ridge Spring, SC, 29129 listed at $371,000 pairs $2,322/mo rent with a $1,816/mo payment to leave $113/mo cash flow. Total monthly income runs $2,322/mo, and annual cash flow reaches $1,360/yr on $122,987 cash to close. Return on cash invested measures 21.02% in year one, and rental yield registers 7.51% at a $371,000 basis. Equity gained on principal adds $2,394/yr, and annual property appreciation at 5% supports $102,500 by year five. Five-year ROI tracks 108.48% and total cumulative return in cash totals $133,411. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,322/mo property income relative to a $1,816/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1870
1.66 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29129, Ridge Spring, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,536 (100%) |
| Owner Occupied HU | 1,057 (68.8%) |
| Renter Occupied HU | 240 (15.6%) |
| Vacant Housing Units | 239 (15.6%) |
| Median Home Value | $185,417 |
| Average Home Value | $236,152 |
Housing Distribution
Address Breakdown
Residential
1,210
Single Family
1,210
Multi-Family
0
Businesses
57
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Listed by: Mary E Caughman • Caughman Realty
Mls Name: Consolidated MLS
Mls ID: #617576