537 Longleaf RdRidgewaySC29130
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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 Ridgeway at 537 Longleaf Rd, Ridgeway, SC, 29130 uses $62,952 cash to close to unlock $4,296/yr annual cash flow and $358/mo monthly cash flow. Total monthly income runs $1,488/mo, and a $929/mo payment keeps the spread at $358/mo. Purchase price stands at $189,900, and rental yield measures 9.4% with $1,488/mo rent. Return on cash invested shows 26.73% in year one, and 5% annual appreciation builds toward $52,466 over five years. Five-year ROI reaches 139.22% and total cumulative return in cash records $87,641. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,488/mo property income covering a $929/mo payment rather than investor’s personal income.
Manufactured
Built in 1979
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29130, Ridgeway, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,364 (100%) |
| Owner Occupied HU | 2,400 (71.3%) |
| Renter Occupied HU | 331 ( 9.8%) |
| Vacant Housing Units | 633 (18.8%) |
| Median Home Value | $298,485 |
| Average Home Value | $350,709 |
Housing Distribution
Address Breakdown
Residential
2,850
Single Family
2,832
Multi-Family
18
Businesses
144
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Listed by: Rachel C Filer • Carolina RE & Inv Group LLC
Mls Name: Consolidated MLS
Mls ID: #616889