405 Ridgecrest DrCamdenSC29020
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Nearby investment properties with comparable prices
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 Camden at 405 Ridgecrest Dr, Camden, SC, 29020 priced at $325,000 pairs $2,237/mo rent with $302/mo cash flow after a $1,591/mo payment. Total monthly income equals $2,237/mo, and annual cash flow comes to $3,625/yr on $107,738 invested. Return on cash invested is 23.27% in year one, and rental yield stands at 8.26% on a $325,000 basis. Equity gained on principal adds $2,097/yr, and 5% annual appreciation accumulates to $89,792 by year five. Five-year ROI measures 120.61% and total cumulative return in cash reaches $129,937. For financing, Ziffy Mortgage’s DSCR program evaluates $2,237/mo property income against a $1,591/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1968
0.65 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29020, Camden, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,779 (100%) |
| Owner Occupied HU | 7,887 (67.0%) |
| Renter Occupied HU | 2,472 (21.0%) |
| Vacant Housing Units | 1,420 (12.1%) |
| Median Home Value | $247,889 |
| Average Home Value | $318,722 |
Housing Distribution
Address Breakdown
Residential
11,014
Single Family
10,535
Multi-Family
479
Businesses
898
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Listed by: Julian Hays • Todd Realty Partners
Mls Name: Consolidated MLS
Mls Provider:
Mls ID: #598171
Disclaimer: IDX listing data provided courtesy of Consolidated MLS - Columbia, SC