55 Ridge RdClarks HillSC29821
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeInvestors who value predictability will appreciate 55 Ridge Rd, Clarks Hill, SC, 29821 in Clarks Hill. At $319,900 it earns $2,353/mo in rent and distributes $348/mo to the owner after the $1,438/mo payment, a consistent 8.83% yield. DSCR 1.64 clears Ziffy Mortgage's income-only underwriting standard. Over five years, 5% annual appreciation adds $88,382 in value; $2,946/yr in principal paydown compounds ownership stake. Total projected return: $143,843.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 8.8% | 6.2% |
| Monthly Cash Flow | $348 | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $2,353 |
| Total Monthly Debt Service | $1,878 |
| DSCR Ratio | 1.25x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 2015
2 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29821, Clarks Hill, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 658 (100%) |
| Owner Occupied HU | 510 (77.5%) |
| Renter Occupied HU | 49 ( 7.4%) |
| Vacant Housing Units | 99 (15.0%) |
| Median Home Value | $257,813 |
| Average Home Value | $288,417 |
Housing Distribution
Address Breakdown
Residential
628
Single Family
628
Multi-Family
0
Businesses
20
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Single Family
Built in 2015
2 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29821, Clarks Hill, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 658 (100%) |
| Owner Occupied HU | 510 (77.5%) |
| Renter Occupied HU | 49 ( 7.4%) |
| Vacant Housing Units | 99 (15.0%) |
| Median Home Value | $257,813 |
| Average Home Value | $288,417 |
Housing Distribution
Address Breakdown
Residential
628
Single Family
628
Multi-Family
0
Businesses
20
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: GA SC Homes Team • Meybohm Real Estate - North Augusta
Mls Name: Aiken MLS
Mls Provider:
Mls ID: #215702
Disclaimer: Copyright Aiken Association of Realtors and MLS. All rights reserved. Information is deemed reliable but not guaranteed.