E Main St #4AVH6URidgelandSC29936
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
Rental property for sale in Ridgeland at E Main St #4AVH6U, Ridgeland, SC, 29936 generates $3,517/mo in rent and, after a $1,492/mo payment, leaves $1,702/mo in cash flow. Total monthly income is $3,517/mo, and annual cash flow is $20,429/yr on $101,041 invested. Return on cash invested sits at 40.13% in year one, and rental yield is 13.85% on a $304,800 entry. Equity gained on principal adds $1,967/yr, while 5% annual appreciation builds toward $84,211 over five years. Five-year ROI reaches 210.97% and total cumulative return in cash sums $213,163. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,517/mo property income rather than buyer’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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Nearby investment properties with comparable prices
Listed by: N/A • N/A
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