373 Rockbridge RdRidgewaySC29130
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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 373 Rockbridge Rd, Ridgeway, SC, 29130 listed at $950,000 pairs $2,400/mo rent with a $4,650/mo payment. Total monthly income runs $2,400/mo. Return on cash invested measures 7.56% in year one, and rental yield registers 3.03% at a $950,000 basis. Equity gained on principal adds $6,130/yr, and annual property appreciation at 5% supports $262,467 by year five. Five-year ROI tracks 36.28% and total cumulative return in cash totals $113,402. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,400/mo property income relative to a $4,650/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2008
0.65 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: Bobby Curtis • Coldwell Banker Realty
Mls Name: Consolidated MLS
Mls Provider:
Mls ID: #609143
Disclaimer: IDX listing data provided courtesy of Consolidated MLS - Columbia, SC