73 Meredith RdRidgelandSC29936
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 Ridgeland at 73 Meredith Rd, Ridgeland, SC, 29936 at $250,000 posts ROI 23.42% with $242/mo cash flow from $1,731/mo rent. Total monthly income equals $1,731/mo, and annual cash flow records $2,909/yr on $82,875 to close. Return on cash invested measures 23.42% and rental yield reads 8.31% at the current $250,000. Equity gained on principal adds $1,613/yr, and 5% annual appreciation supports $69,070 by year five. Five-year ROI prints 121.38% and total cumulative return in cash totals $100,594.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,731/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Manufactured
Built in 2001
2.06 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Julianne Clark • Charter One Realty
Mls Name: REsides, Inc.
Mls Provider:
Mls ID: #454476
Disclaimer: We do not attempt to independently verify the currency, completeness, accuracy or authenticity of the data contained herein. It may be subject to transcription and transmission errors. Accordingly, the data is provided on an as is as available basis only and may not reflect all real estate activity in the market. 2025 REsides, Inc. All rights reserved. Certain information contained herein is derived from information which is the licensed property of, and copyrighted by, REsides, Inc.