2532 Old Gilliard RdRidgevilleSC29472
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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 Ridgeville at 2532 Old Gilliard Rd, Ridgeville, SC, 29472 offers a 8.28% rental yield on a $360,000 purchase with $2,483/mo rent. Total monthly income registers $2,483/mo, and a $1,762/mo payment leaves $340/mo available for distribution. Annual cash flow reaches $4,080/yr on $119,340 to close, and return on cash invested stands at 23.33% in year one. Equity gained on principal adds $2,323/yr while 5% annual appreciation supports $99,461 over five years. Portfolio math shows five-year ROI at 120.85% and total cumulative return in cash at $144,225. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,483/mo property income against a $1,762/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2020
1.50 Acres 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 • Tabby Realty LLC
Mls Name: CTMLS
Mls ID: #25029003