153 Rachel 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
Rental property for sale in Ridge Spring at 153 Rachel Rd, Ridge Spring, SC, 29129 offers $2,597/mo rent that, after a $3,426/mo payment. Total monthly income is $2,597/mo. Return on cash invested measures 11.88% in year one, and rental yield stands at 4.45% at a $700,000 entry. Equity gained on principal adds $4,517/yr while 5% annual appreciation compounds into $193,397 by year five. Five-year ROI records 59.45% and total cumulative return in cash reaches $136,924. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,597/mo property income versus a $3,426/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2001
39.10 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: Rebekah Burger • Keller Williams Realty Aiken Partners
Mls Name: Aiken MLS
Mls ID: #219684