1393 Wateree Dam RdRidgewaySC29130
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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 Ridgeway at 1393 Wateree Dam Rd, Ridgeway, SC, 29130 earns from $3,487/mo rent with a $3,749/mo payment. Total monthly income totals $3,487/mo. ROI tracks 14.95% on current figures, and rental yield reads 5.46% at a $765,900 purchase. Equity gained on principal adds $4,942/yr, and 5% annual appreciation supports $211,604 over five years. Five-year ROI reaches 75.92% and total cumulative return in cash sums $191,298. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,487/mo property income instead of your personal income.
Single Family
Built in 2005
11 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29130, Ridgeway, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,364 (100%) |
| Owner Occupied HU | 2,400 (71.3%) |
| Renter Occupied HU | 331 ( 9.8%) |
| Vacant Housing Units | 633 (18.8%) |
| Median Home Value | $298,485 |
| Average Home Value | $350,709 |
Housing Distribution
Address Breakdown
Residential
2,850
Single Family
2,832
Multi-Family
18
Businesses
144
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Listed by: Mindy M Player • Home & Land Pros LLC
Mls Name: Consolidated MLS
Mls ID: #615455