213 Rocky Point CirRidgewaySC29130
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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
Investment property for sale in Ridgeway at 213 Rocky Point Cir, Ridgeway, SC, 29130 with 5% annual appreciation on a $1,175,000 basis while $3,304/mo rent supports operations. 74% in year one. Equity gained on principal adds $7,582/yr, and five-year appreciation sums $324,631 alongside rental yield of 3.37%. Five-year ROI measures 42.52% and total cumulative return in cash totals $161,866. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,304/mo property income versus a $5,751/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2005
0.70 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
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Listed by: Bryant Hinson • Home Advantage Realty
Mls Name: Consolidated MLS
Mls Provider:
Mls ID: #606652
Disclaimer: IDX listing data provided courtesy of Consolidated MLS - Columbia, SC