326 Milden Hall DrRidgelandSC29936
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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 Ridgeland at 326 Milden Hall Dr, Ridgeland, SC, 29936 offers $2,400/mo rent that, after a $1,301/mo payment, leaves $818/mo cash flow. Total monthly income is $2,400/mo, and annual cash flow is $9,811/yr on $88,146 cash. Return on cash invested measures 31.04% in year one, and rental yield stands at 10.83% at a $265,900 entry. Equity gained on principal adds $1,716/yr while 5% annual appreciation compounds into $73,463 by year five. Five-year ROI records 162.23% and total cumulative return in cash reaches $143,002. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,400/mo property income versus a $1,301/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1976
0.75 Acres 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: Calynn Altizer • Keller Williams Realty (322)
Mls Name: REsides, Inc.
Mls ID: #500877