216 Palfrey DrRidgevilleSC29472
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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
Rental property for sale in Ridgeville at 216 Palfrey Dr, Ridgeville, SC, 29472 generates $3,076/mo in rent and, after a $2,520/mo payment, leaves $11/mo in cash flow. Total monthly income is $3,076/mo, and annual cash flow is $134/yr on $169,366 invested. Return on cash invested sits at 20.14% in year one, and rental yield is 7.17% on a $514,791 entry. Equity gained on principal adds $3,322/yr, while 5% annual appreciation builds toward $142,227 over five years. Five-year ROI reaches 103.75% and total cumulative return in cash sums $175,724. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,076/mo property income rather than buyer’s personal income.
Single Family
Built in 2025
7,840 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29472, Ridgeville, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,234 (100%) |
| Owner Occupied HU | 3,125 (73.8%) |
| Renter Occupied HU | 666 (15.7%) |
| Vacant Housing Units | 443 (10.5%) |
| Median Home Value | $288,454 |
| Average Home Value | $329,194 |
Housing Distribution
Address Breakdown
Residential
3,882
Single Family
3,882
Multi-Family
0
Businesses
187
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Listed by: N/A • Eastwood Homes
Mls Name: CTMLS
Mls Provider:
Mls ID: #25014593
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright Charleston Trident Multiple Listing Service, Inc. All rights reserved. Information is deemed reliable but not guaranteed.