60 Ridge Top LnRidgewaySC29130
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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 60 Ridge Top Ln, Ridgeway, SC, 29130 earns $589/mo cash flow from $4,601/mo rent with a $3,299/mo payment. Total monthly income totals $4,601/mo, and annual cash flow totals $7,064/yr on $221,746 capital. ROI tracks 23.25% on current figures, and rental yield reads 8.19% at a $674,000 purchase. Equity gained on principal adds $4,349/yr, and 5% annual appreciation supports $186,214 over five years. Five-year ROI reaches 120.39% and total cumulative return in cash sums $266,965. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $4,601/mo property income instead of your personal income.
Single Family
Built in 2003
12.93 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: Karen Yip • Yip Premier Real Estate LLC
Mls Name: Consolidated MLS
Mls Provider:
Mls ID: #617878
Disclaimer: IDX listing data provided courtesy of Consolidated MLS - Columbia, SC