180 Okatie Park Cir ERidgelandSC29936
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Ridgeland at 180 Okatie Park Cir E, Ridgeland, SC, 29936 at $340,000 posts ROI 30.69% with $1,012/mo cash flow from $3,036/mo rent. Total monthly income equals $3,036/mo, and annual cash flow records $12,146/yr on $112,710 to close. Return on cash invested measures 30.69% and rental yield reads 10.72% at the current $340,000. Equity gained on principal adds $2,194/yr, and 5% annual appreciation supports $93,936 by year five. Five-year ROI prints 160.35% and total cumulative return in cash totals $180,726.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,036/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2019
6,098 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29936, Ridgeland, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,957 (100%) |
| Owner Occupied HU | 4,739 (68.1%) |
| Renter Occupied HU | 1,441 (20.7%) |
| Vacant Housing Units | 777 (11.2%) |
| Median Home Value | $277,227 |
| Average Home Value | $325,328 |
Housing Distribution
Address Breakdown
Residential
6,125
Single Family
5,494
Multi-Family
631
Businesses
766
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Listed by: Mary Cunningham • Realty One Group - Lowcountry (597)
Mls Name: REsides, Inc.
Mls ID: #502188