229 Rice Cir #150LadsonSC29456
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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 Ladson at 229 Rice Cir #150, Ladson, SC, 29456 uses $49,725 cash to close to unlock $2,919/yr annual cash flow and $243/mo monthly cash flow. Total monthly income runs $1,136/mo, and a $734/mo payment keeps the spread at $243/mo. Purchase price stands at $149,999, and rental yield measures 9.09% with $1,136/mo rent. Return on cash invested shows 25.78% in year one, and 5% annual appreciation builds toward $41,442 over five years. Five-year ROI reaches 134.12% and total cumulative return in cash records $66,690. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,136/mo property income covering a $734/mo payment rather than investor’s personal income.
Manufactured
Built in 2007
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29456, Ladson, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,007 (100%) |
| Owner Occupied HU | 10,255 (60.3%) |
| Renter Occupied HU | 5,820 (34.2%) |
| Vacant Housing Units | 932 ( 5.5%) |
| Median Home Value | $290,291 |
| Average Home Value | $337,511 |
Housing Distribution
Address Breakdown
Residential
16,665
Single Family
14,710
Multi-Family
1,955
Businesses
800
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Listed by: Sales Representative • N/A
Mls Name: MHBO
Mls ID: #574444