419 Ridge DrLaurensSC29360
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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 Laurens at 419 Ridge Dr, Laurens, SC, 29360 at $475,000 posts ROI 9.39% with from $1,448/mo rent. Total monthly income equals $1,448/mo. Return on cash invested measures 9.39% and rental yield reads 3.66% at the current $475,000. Equity gained on principal adds $3,065/yr, and 5% annual appreciation supports $131,234 by year five. Five-year ROI prints 46.16% and total cumulative return in cash totals $72,691. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,448/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1968
1.33 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29360, Laurens, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,872 (100%) |
| Owner Occupied HU | 5,955 (60.3%) |
| Renter Occupied HU | 2,803 (28.4%) |
| Vacant Housing Units | 1,114 (11.3%) |
| Median Home Value | $202,160 |
| Average Home Value | $228,123 |
Housing Distribution
Address Breakdown
Residential
9,097
Single Family
8,641
Multi-Family
456
Businesses
797
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Listed by: LEANNE CARSWELL • Expert Real Estate Team
Mls Name: SAR
Mls ID: #326076