512 Cliff Ridge DrClevelandSC29635
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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 Cleveland at 512 Cliff Ridge Dr, Cleveland, SC, 29635 earns from $1,601/mo rent with a $2,325/mo payment. Total monthly income totals $1,601/mo. ROI tracks 10.56% on current figures, and rental yield reads 4.04% at a $475,000 purchase. Equity gained on principal adds $3,065/yr, and 5% annual appreciation supports $131,234 over five years. Five-year ROI reaches 52.41% and total cumulative return in cash sums $82,531. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,601/mo property income instead of your personal income.
Single Family
Built in 2004
0.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29635, Cleveland, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,046 (100%) |
| Owner Occupied HU | 606 (57.9%) |
| Renter Occupied HU | 74 ( 7.1%) |
| Vacant Housing Units | 366 (35.0%) |
| Median Home Value | $250,000 |
| Average Home Value | $291,316 |
Housing Distribution
Address Breakdown
Residential
726
Single Family
726
Multi-Family
0
Businesses
22
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Listed by: W. Ashley Lewis • Prime Realty, LLC
Mls Name: Greater Greenville AOR
Mls ID: #1572350