281 Locatis LnRubySC29741
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayInvestors who prioritise long-run asset value over immediate income should consider 281 Locatis Ln, Ruby, SC, 29741 in Ruby. Rental yield 0%. At $279,900 with 0% gross yield, current distributions are modest, but the 5% appreciation rate projects $77,331 in new equity by year five, complemented by $2,578/yr in principal paydown. Ziffy Mortgage's DSCR loan (0.00) allows non-U.S. residents to acquire without W-2s or domestic credit.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 0% | 6.2% |
| Monthly Cash Flow | $0 | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
Manufactured
Built in 2021
2.03 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29741, Ruby, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,007 (100%) |
| Owner Occupied HU | 730 (72.5%) |
| Renter Occupied HU | 139 (13.8%) |
| Vacant Housing Units | 138 (13.7%) |
| Median Home Value | $121,978 |
| Average Home Value | $174,890 |
Housing Distribution
Address Breakdown
Residential
817
Single Family
817
Multi-Family
0
Businesses
31
Nearby investment properties with comparable rents
No similar rental properties found nearby.
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
Manufactured
Built in 2021
2.03 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29741, Ruby, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,007 (100%) |
| Owner Occupied HU | 730 (72.5%) |
| Renter Occupied HU | 139 (13.8%) |
| Vacant Housing Units | 138 (13.7%) |
| Median Home Value | $121,978 |
| Average Home Value | $174,890 |
Housing Distribution
Address Breakdown
Residential
817
Single Family
817
Multi-Family
0
Businesses
31
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices
Listed by: Sandra G Moose • Lewis Realty Of Chesterfield
Mls Name: Pee Dee Realtor Association
Mls ID: #20253628