306 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 306 Palfrey Dr, Ridgeville, SC, 29472 priced at $415,000 converts $3,076/mo rent into $606/mo cash flow after a $2,031/mo obligation. Total monthly income equals $3,076/mo, and annual cash flow totals $7,270/yr on $137,573 invested. Return on cash invested prints 25.19% in year one, and rental yield reads 8.89% against a $415,000 entry. Equity gained on principal adds $2,678/yr, while 5% annual appreciation compiles into $114,657 by year five. Five-year ROI reaches 130.86% and total cumulative return in cash sums $180,033. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,076/mo property income covering a $2,031/mo payment, not borrower’s personal income.
Single Family
Built in 2026
8,712 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 ID: #25032200