E Main St #473FHGRidgelandSC29936
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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
Investment property for sale in Ridgeland at E Main St #473FHG, Ridgeland, SC, 29936 uses $92,389 cash to close to unlock $14,929/yr annual cash flow and $1,244/mo monthly cash flow. Total monthly income runs $2,903/mo, and a $1,364/mo payment keeps the spread at $1,244/mo. Purchase price stands at $278,700, and rental yield measures 12.5% with $2,903/mo rent. Return on cash invested shows 36.07% in year one, and 5% annual appreciation builds toward $77,000 over five years. Five-year ROI reaches 189.24% and total cumulative return in cash records $174,837. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,903/mo property income covering a $1,364/mo payment rather than investor’s personal income.
Home Type Unknown
Built in N/A
N/A 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: N/A • N/A
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Mls ID: #N/A