2052 Lake RdRidgewaySC29130
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 Ridgeway at 2052 Lake Rd, Ridgeway, SC, 29130 projects strong ROI of 1.07%. Rental yield 0.89%. With 5% annual appreciation, the property builds $744,579 in value over five years. Equity growth combined delivers a projected five-year ROI of 1.4%, translating into $12,229 in total cumulative return on $873,180 invested capital. You can finance this property with Ziffy Mortgage’s DSCR loan, which leverages the property’s income for qualification rather than your personal income.
Single Family
Built in 2022
1 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Leah E Fitts • Todd Realty Partners
Mls Name: Consolidated MLS
Mls Provider:
Mls ID: #609631
Disclaimer: IDX listing data provided courtesy of Consolidated MLS - Columbia, SC