481 School StRidgevilleSC29472
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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 Ridgeville at 481 School St, Ridgeville, SC, 29472 offers $4,157/mo rent that, after a $2,638/mo payment, leaves $949/mo cash flow. Total monthly income is $4,157/mo, and annual cash flow is $11,383/yr on $177,331 cash. Return on cash invested measures 26.48% in year one, and rental yield stands at 9.25% at a $539,000 entry. Equity gained on principal adds $3,478/yr while 5% annual appreciation compounds into $148,916 by year five. Five-year ROI records 137.73% and total cumulative return in cash reaches $244,236. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $4,157/mo property income versus a $2,638/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1988
1.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29472, Ridgeville, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,234 (100%) |
| Owner Occupied HU | 3,125 (73.8%) |
| Renter Occupied HU | 666 (15.7%) |
| Vacant Housing Units | 443 (10.5%) |
| Median Home Value | $288,454 |
| Average Home Value | $329,194 |
Housing Distribution
Address Breakdown
Residential
3,882
Single Family
3,882
Multi-Family
0
Businesses
187
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Listed by: N/A • AgentOwned Realty Co. Premier Group, Inc.
Mls Name: CTMLS
Mls ID: #25019724