518 Ramport StRidgelandSC29936
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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 Ridgeland at 518 Ramport St, Ridgeland, SC, 29936 listed at $548,000 pairs $3,629/mo rent with a $2,682/mo payment to leave $367/mo cash flow. Total monthly income runs $3,629/mo, and annual cash flow reaches $4,404/yr on $180,292 cash to close. Return on cash invested measures 22.5% in year one, and rental yield registers 7.95% at a $548,000 basis. Equity gained on principal adds $3,536/yr, and annual property appreciation at 5% supports $151,402 by year five. Five-year ROI tracks 116.43% and total cumulative return in cash totals $209,910. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,629/mo property income relative to a $2,682/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2024
0.29 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29936, Ridgeland, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,957 (100%) |
| Owner Occupied HU | 4,739 (68.1%) |
| Renter Occupied HU | 1,441 (20.7%) |
| Vacant Housing Units | 777 (11.2%) |
| Median Home Value | $277,227 |
| Average Home Value | $325,328 |
Housing Distribution
Address Breakdown
Residential
6,125
Single Family
5,494
Multi-Family
631
Businesses
766
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Listed by: The Joan Kelly Group • Keller Williams Realty (322)
Mls Name: REsides, Inc.
Mls ID: #502773