701 Cedar Ridge RdDarlingtonSC29540
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
Rental property for sale in Darlington at 701 Cedar Ridge Rd, Darlington, SC, 29540 offers $903/mo rent that, after a $550/mo payment, leaves $234/mo cash flow. Total monthly income is $903/mo, and annual cash flow is $2,810/yr on $37,219 cash. Return on cash invested measures 27.46% in year one, and rental yield stands at 9.65% at a $112,275 entry. Equity gained on principal adds $724/yr while 5% annual appreciation compounds into $31,020 by year five. Five-year ROI records 143.14% and total cumulative return in cash reaches $53,274. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $903/mo property income versus a $550/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1940
5 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29540, Darlington, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,214 (100%) |
| Owner Occupied HU | 1,623 (73.3%) |
| Renter Occupied HU | 379 (17.1%) |
| Vacant Housing Units | 212 ( 9.6%) |
| Median Home Value | $121,814 |
| Average Home Value | $156,828 |
Housing Distribution
Address Breakdown
Residential
2,002
Single Family
2,002
Multi-Family
0
Businesses
252
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Listed by: Karen Congilaro • Carolina Pines Realty Office B
Mls Name: Pee Dee Realtor Association
Mls ID: #20251589