460 Archie Ware RdRidge 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
Investment property for sale in Ridge Spring at 460 Archie Ware Rd, Ridge Spring, SC, 29129 with 5% annual appreciation on a $299,900 basis while $1,793/mo rent supports operations. Total monthly income totals $1,793/mo and a $1,468/mo payment preserves $8/mo for cash returns. Annual cash flow comes to $91/yr on $99,417 deployed, and return on cash invested reaches 20% in year one. Equity gained on principal adds $1,935/yr, and five-year appreciation sums $82,857 alongside rental yield of 7.17%. Five-year ROI measures 103.05% and total cumulative return in cash totals $102,448.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,793/mo property income versus a $1,468/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1983
1.25 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: Cat Deegan • ERA Wilder Cocierge
Mls Name: Consolidated MLS
Mls ID: #616858