209 Noble St, Ridge Spring, SC, 29129 | $530/mo Cash Flow

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Ridge Spring at 209 Noble St, Ridge Spring, SC, 29129 offers $1,829/mo rent that, after a $905/mo payment, leaves $530/mo cash flow. Total monthly income is $1,829/mo, and annual cash flow is $6,357/yr on $61,328 cash. Return on cash invested measures 30.28% in year one, and rental yield stands at 11.86% at a $185,000 entry. Equity gained on principal adds $1,194/yr while 5% annual appreciation compounds into $51,112 by year five. Five-year ROI records 159.53% and total cumulative return in cash reaches $97,839. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,829/mo property income versus a $905/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.

Single Family

Built in 1954

0.66 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