214 Red Pine RdRidgelandSC29936
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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
Rental property for sale in Ridgeland at 214 Red Pine Rd, Ridgeland, SC, 29936 offers $3,012/mo rent that, after a $1,703/mo payment, leaves $941/mo cash flow. Total monthly income is $3,012/mo, and annual cash flow is $11,288/yr on $115,362 cash. Return on cash invested measures 29.69% in year one, and rental yield stands at 10.39% at a $348,000 entry. Equity gained on principal adds $2,246/yr while 5% annual appreciation compounds into $96,146 by year five. Five-year ROI records 155% and total cumulative return in cash reaches $178,810. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,012/mo property income versus a $1,703/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2020
7,840 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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Nearby investment properties with comparable prices
Listed by: Jamie Franklin • Keller Williams Realty (322)
Mls Name: REsides, Inc.
Mls Provider:
Mls ID: #501548
Disclaimer: We do not attempt to independently verify the currency, completeness, accuracy or authenticity of the data contained herein. It may be subject to transcription and transmission errors. Accordingly, the data is provided on an as is as available basis only and may not reflect all real estate activity in the market. 2025 REsides, Inc. All rights reserved. Certain information contained herein is derived from information which is the licensed property of, and copyrighted by, REsides, Inc.