792 Holiday StRidgelandSC29936
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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 792 Holiday St, Ridgeland, SC, 29936 offers $2,956/mo rent that, after a $1,953/mo payment, leaves $581/mo cash flow. Total monthly income is $2,956/mo, and annual cash flow is $6,969/yr on $132,269 cash. Return on cash invested measures 25.18% in year one, and rental yield stands at 8.89% at a $399,000 entry. Equity gained on principal adds $2,575/yr while 5% annual appreciation compounds into $110,236 by year five. Five-year ROI records 130.78% and total cumulative return in cash reaches $172,982. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,956/mo property income versus a $1,953/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2024
6,098 sqft 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: Blake Gruel • eXp Realty LLC - Bluffton
Mls Name: Lowcountry Regional MLS
Mls ID: #192772