314 Langfordville RdRidgelandSC29936
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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 Ridgeland at 314 Langfordville Rd, Ridgeland, SC, 29936 earns $301/mo cash flow from $2,682/mo rent with a $1,958/mo payment. Total monthly income totals $2,682/mo, and annual cash flow totals $3,608/yr on $132,600 capital. ROI tracks 22.63% on current figures, and rental yield reads 8.05% at a $400,000 purchase. Equity gained on principal adds $2,581/yr, and 5% annual appreciation supports $110,513 over five years. Five-year ROI reaches 117.13% and total cumulative return in cash sums $155,320. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,682/mo property income instead of your personal income.
Single Family
Built in 2005
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29936, Ridgeland, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,957 (100%) |
| Owner Occupied HU | 4,739 (68.1%) |
| Renter Occupied HU | 1,441 (20.7%) |
| Vacant Housing Units | 777 (11.2%) |
| Median Home Value | $277,227 |
| Average Home Value | $325,328 |
Housing Distribution
Address Breakdown
Residential
6,125
Single Family
5,494
Multi-Family
631
Businesses
766
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Listed by: Elite Group • Real Broker, LLC (840)
Mls Name: REsides, Inc.
Mls ID: #502323