4433 Columbia Hwy NRidge SpringSC29129
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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 Ridge Spring at 4433 Columbia Hwy N, Ridge Spring, SC, 29129 generates $1,001/mo in rent and, after a $612/mo payment, leaves $257/mo in cash flow. Total monthly income is $1,001/mo, and annual cash flow is $3,081/yr on $41,438 invested. Return on cash invested sits at 27.34% in year one, and rental yield is 9.61% on a $125,000 entry. Equity gained on principal adds $807/yr, while 5% annual appreciation builds toward $34,535 over five years. Five-year ROI reaches 142.43% and total cumulative return in cash sums $59,021. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,001/mo property income rather than buyer’s personal income.
Single Family
Built in 1994
3.61 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29129, Ridge Spring, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,536 (100%) |
| Owner Occupied HU | 1,057 (68.8%) |
| Renter Occupied HU | 240 (15.6%) |
| Vacant Housing Units | 239 (15.6%) |
| Median Home Value | $185,417 |
| Average Home Value | $236,152 |
Housing Distribution
Address Breakdown
Residential
1,210
Single Family
1,210
Multi-Family
0
Businesses
57
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Listed by: Eric Lewis • JPAR Magnolia Group
Mls Name: Consolidated MLS
Mls ID: #621692