216 Club Ridge RdElginSC29045
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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 Elgin at 216 Club Ridge Rd, Elgin, SC, 29045 at $775,000 posts ROI 9.37% with from $2,492/mo rent. Total monthly income equals $2,492/mo. Return on cash invested measures 9.37% and rental yield reads 3.86% at the current $775,000. Equity gained on principal adds $5,001/yr, and 5% annual appreciation supports $214,118 by year five. Five-year ROI prints 46.24% and total cumulative return in cash totals $117,895. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,492/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2002
0.25 Acres lot
$N/A/sqft
$1,800 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29045, Elgin, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,039 (100%) |
| Owner Occupied HU | 9,414 (78.2%) |
| Renter Occupied HU | 1,752 (14.6%) |
| Vacant Housing Units | 873 ( 7.3%) |
| Median Home Value | $279,894 |
| Average Home Value | $321,774 |
Housing Distribution
Address Breakdown
Residential
13,024
Single Family
12,229
Multi-Family
795
Businesses
415
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Listed by: Laura Kemp • RE/MAX At The Lake
Mls Name: Consolidated MLS
Mls Provider:
Mls ID: #597789
Disclaimer: IDX listing data provided courtesy of Consolidated MLS - Columbia, SC