1419 Westshore DrRidgewaySC29130
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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
Rental property for sale in Ridgeway at 1419 Westshore Dr, Ridgeway, SC, 29130 priced at $595,000 pairs $1,872/mo rent with after a $2,912/mo payment. Total monthly income equals $1,872/mo. Return on cash invested is 9.82% in year one, and rental yield stands at 3.78% on a $595,000 basis. Equity gained on principal adds $3,839/yr, and 5% annual appreciation accumulates to $164,388 by year five. Five-year ROI measures 48.43% and total cumulative return in cash reaches $94,814. For financing, Ziffy Mortgage’s DSCR program evaluates $1,872/mo property income against a $2,912/mo payment instead of your W2s, 1099s, or Tax returns.
Manufactured
Built in 2004
0.91 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: Morris Worthington • Lake Wateree Properties Inc
Mls Name: Consolidated MLS
Mls Provider:
Mls ID: #586416
Disclaimer: IDX listing data provided courtesy of Consolidated MLS - Columbia, SC