351 Ridgewood DrWaterlooSC29384
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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 Waterloo at 351 Ridgewood Dr, Waterloo, SC, 29384 earns from $1,684/mo rent with a $4,270/mo payment. Total monthly income totals $1,684/mo. ROI tracks 5.39% on current figures, and rental yield reads 2.32% at a $872,500 purchase. Equity gained on principal adds $5,630/yr, and 5% annual appreciation supports $241,056 over five years. Five-year ROI reaches 24.63% and total cumulative return in cash sums $70,710. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,684/mo property income instead of your personal income.
Single Family
Built in N/A
1.18 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29384, Waterloo, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,693 (100%) |
| Owner Occupied HU | 1,597 (59.3%) |
| Renter Occupied HU | 296 (11.0%) |
| Vacant Housing Units | 800 (29.7%) |
| Median Home Value | $206,618 |
| Average Home Value | $221,493 |
Housing Distribution
Address Breakdown
Residential
2,067
Single Family
2,067
Multi-Family
0
Businesses
32
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Listed by: Avery Glover • Keller Williams DRIVE
Mls Name: Greater Greenville AOR
Mls ID: #1562236