3490 Ridge RdHodgesSC29653
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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 Hodges at 3490 Ridge Rd, Hodges, SC, 29653 priced at $229,900 pairs $0/mo rent with after a $1,125/mo payment. Total monthly income equals $0/mo. Return on cash invested is -1.64% in year one, and rental yield stands at 0% on a $229,900 basis. Equity gained on principal adds $1,484/yr, and 5% annual appreciation accumulates to $63,517 by year five. For financing, Ziffy Mortgage’s DSCR program evaluates $0/mo property income against a $1,125/mo payment instead of your W2s, 1099s, or Tax returns.
Manufactured
Built in 2024
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29653, Hodges, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,106 (100%) |
| Owner Occupied HU | 1,643 (78.0%) |
| Renter Occupied HU | 240 (11.4%) |
| Vacant Housing Units | 223 (10.6%) |
| Median Home Value | $209,014 |
| Average Home Value | $335,899 |
Housing Distribution
Address Breakdown
Residential
1,967
Single Family
1,967
Multi-Family
0
Businesses
105
Nearby investment properties with comparable rents
No similar rental properties found nearby.
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Listed by: Dan Peele • Town & Country Of Greenwood LLC
Mls Name: MLS Of Greenwood Sc Inc.
Mls ID: #132370
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.