688 Ridgeville Crossing DrInmanSC29349
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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 Inman at 688 Ridgeville Crossing Dr, Inman, SC, 29349 offers $2,418/mo rent that, after a $1,693/mo payment, leaves $359/mo cash flow. Total monthly income is $2,418/mo, and annual cash flow is $4,307/yr on $114,666 cash. Return on cash invested measures 23.67% in year one, and rental yield stands at 8.39% at a $345,900 entry. Equity gained on principal adds $2,232/yr while 5% annual appreciation compounds into $95,566 by year five. Five-year ROI records 122.67% and total cumulative return in cash reaches $140,663. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,418/mo property income versus a $1,693/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2017
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29349, Inman, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,711 (100%) |
| Owner Occupied HU | 12,425 (79.1%) |
| Renter Occupied HU | 2,262 (14.4%) |
| Vacant Housing Units | 1,024 ( 6.5%) |
| Median Home Value | $281,759 |
| Average Home Value | $325,145 |
Housing Distribution
Address Breakdown
Residential
15,968
Single Family
15,967
Multi-Family
1
Businesses
714
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Listed by: Katherine Monteith • Real Home International
Mls Name: SAR
Mls ID: #326221