8 Cliff Ridge CtClevelandSC29635
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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 Cleveland at 8 Cliff Ridge Ct, Cleveland, SC, 29635 offers $2,340/mo rent that, after a $2,570/mo payment. Total monthly income is $2,340/mo. Return on cash invested measures 14.6% in year one, and rental yield stands at 5.35% at a $525,000 entry. Equity gained on principal adds $3,388/yr while 5% annual appreciation compounds into $145,048 by year five. Five-year ROI records 74.05% and total cumulative return in cash reaches $127,905. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,340/mo property income versus a $2,570/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in N/A
1.40 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29635, Cleveland, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,046 (100%) |
| Owner Occupied HU | 606 (57.9%) |
| Renter Occupied HU | 74 ( 7.1%) |
| Vacant Housing Units | 366 (35.0%) |
| Median Home Value | $250,000 |
| Average Home Value | $291,316 |
Housing Distribution
Address Breakdown
Residential
726
Single Family
726
Multi-Family
0
Businesses
22
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Listed by: Robin Bishop • Marchant Real Estate Inc.
Mls Name: Greater Greenville AOR
Mls ID: #1564260