161 Riverbirch LnRidgevilleSC29472
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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 Ridgeville at 161 Riverbirch Ln, Ridgeville, SC, 29472 priced at $229,000 pairs $1,892/mo rent with $529/mo cash flow after a $1,121/mo payment. Total monthly income equals $1,892/mo, and annual cash flow comes to $6,344/yr on $75,914 invested. Return on cash invested is 28.27% in year one, and rental yield stands at 9.91% on a $229,000 basis. Equity gained on principal adds $1,478/yr, and 5% annual appreciation accumulates to $63,268 by year five. Five-year ROI measures 147.36% and total cumulative return in cash reaches $111,869. For financing, Ziffy Mortgage’s DSCR program evaluates $1,892/mo property income against a $1,121/mo payment instead of your W2s, 1099s, or Tax returns.
Manufactured
Built in 1997
2.07 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29472, Ridgeville, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,234 (100%) |
| Owner Occupied HU | 3,125 (73.8%) |
| Renter Occupied HU | 666 (15.7%) |
| Vacant Housing Units | 443 (10.5%) |
| Median Home Value | $288,454 |
| Average Home Value | $329,194 |
Housing Distribution
Address Breakdown
Residential
3,882
Single Family
3,882
Multi-Family
0
Businesses
187
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Listed by: N/A • AgentOwned Realty Co. Premier Group, Inc.
Mls Name: CTMLS
Mls ID: #25018469