331 Westshore DrRidgewaySC29130
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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 Ridgeway at 331 Westshore Dr, Ridgeway, SC, 29130 at $840,000 posts ROI 18.82% with from $4,715/mo rent. Total monthly income equals $4,715/mo. Return on cash invested measures 18.82% and rental yield reads 6.74% at the current $840,000. Equity gained on principal adds $5,420/yr, and 5% annual appreciation supports $232,077 by year five. Five-year ROI prints 96.67% and total cumulative return in cash totals $267,146. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $4,715/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2001
0.75 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29130, Ridgeway, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,364 (100%) |
| Owner Occupied HU | 2,400 (71.3%) |
| Renter Occupied HU | 331 ( 9.8%) |
| Vacant Housing Units | 633 (18.8%) |
| Median Home Value | $298,485 |
| Average Home Value | $350,709 |
Housing Distribution
Address Breakdown
Residential
2,850
Single Family
2,832
Multi-Family
18
Businesses
144
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Listed by: Hayley Weise • Home & Land Pros LLC
Mls Name: Consolidated MLS
Mls ID: #621225