304 Ricochet LnRuffinSC29475
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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 Ruffin at 304 Ricochet Ln, Ruffin, SC, 29475 with 5% annual appreciation on a $800,000 basis while $1,418/mo rent supports operations. 81% in year one. Equity gained on principal adds $5,162/yr, and five-year appreciation sums $221,025 alongside rental yield of 2.13%. Five-year ROI measures 21.54% and total cumulative return in cash totals $56,696. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,418/mo property income versus a $3,916/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Manufactured
Built in 2022
24.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29475, Ruffin, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,266 (100%) |
| Owner Occupied HU | 873 (69.0%) |
| Renter Occupied HU | 210 (16.6%) |
| Vacant Housing Units | 183 (14.5%) |
| Median Home Value | $133,056 |
| Average Home Value | $180,278 |
Housing Distribution
Address Breakdown
Residential
1,214
Single Family
1,213
Multi-Family
1
Businesses
36
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Listed by: Cherokista Jackson • Scott Realty Professionals
Mls Name: Lowcountry Regional MLS
Mls ID: #193880