91 Forest AveRidgelandSC29936
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 91 Forest Ave, Ridgeland, SC, 29936 at $170,200 posts ROI 41.65% with $1,022/mo cash flow from $2,249/mo rent. Total monthly income equals $2,249/mo, and annual cash flow records $12,264/yr on $56,421 to close. Return on cash invested measures 41.65% and rental yield reads 15.86% at the current $170,200. Equity gained on principal adds $1,098/yr, and 5% annual appreciation supports $47,023 by year five. Five-year ROI prints 220.75% and total cumulative return in cash totals $124,548.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,249/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1994
9,583 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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Nearby investment properties with comparable prices
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