652 Taylor Mill RdRidgelandSC29936
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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
Rental property for sale in Ridgeland at 652 Taylor Mill Rd, Ridgeland, SC, 29936 generates $2,855/mo in rent, after a $2,785/mo payment. Total monthly income is $2,855/mo. Return on cash invested sits at 16.65% in year one, and rental yield is 6.02% on a $569,000 entry. Equity gained on principal adds $3,672/yr, while 5% annual appreciation builds toward $157,204 over five years. Five-year ROI reaches 85.01% and total cumulative return in cash sums $159,131. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,855/mo property income rather than buyer’s personal income.
Single Family
Built in 2006
3.66 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: Thomas Stanley Jr • True South Properties
Mls Name: My State MLS
Mls ID: #11498741