610 Cummings Chapel RdRidgevilleSC29472
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
Investment Highlights
Investment property for sale in Ridgeville at 610 Cummings Chapel Rd, Ridgeville, SC, 29472 at $520,000 posts ROI 23.28% with $459/mo cash flow from $3,554/mo rent. Total monthly income equals $3,554/mo, and annual cash flow records $5,504/yr on $171,080 to close. Return on cash invested measures 23.28% and rental yield reads 8.2% at the current $520,000. Equity gained on principal adds $3,355/yr, and 5% annual appreciation supports $143,666 by year five. Five-year ROI prints 120.55% and total cumulative return in cash totals $206,243.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,554/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2022
1.10 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29472, Ridgeville, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,234 (100%) |
| Owner Occupied HU | 3,125 (73.8%) |
| Renter Occupied HU | 666 (15.7%) |
| Vacant Housing Units | 443 (10.5%) |
| Median Home Value | $288,454 |
| Average Home Value | $329,194 |
Housing Distribution
Address Breakdown
Residential
3,882
Single Family
3,882
Multi-Family
0
Businesses
187
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Listed by: N/A • Better Homes And Gardens Real Estate Palmetto
Mls Name: CTMLS
Mls ID: #26000738