Ludington Plan, Timothy LakesRidgevilleSC29472
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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 Ridgeville at Ludington Plan, Timothy Lakes, Ridgeville, SC, 29472 generates $3,710/mo in rent and, after a $2,050/mo payment, leaves $519/mo in cash flow. Total monthly income is $3,710/mo, and annual cash flow is $6,226/yr on $138,865 invested. Return on cash invested sits at 24.39% in year one, and rental yield is 10.63% on a $418,900 entry. Equity gained on principal adds $2,703/yr, while 5% annual appreciation builds toward $115,734 over five years. Five-year ROI reaches 128.75% and total cumulative return in cash sums $178,786. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,710/mo property income rather than buyer’s personal income.
Single Family
Built in 2025
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29472, Ridgeville, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,234 (100%) |
| Owner Occupied HU | 3,125 (73.8%) |
| Renter Occupied HU | 666 (15.7%) |
| Vacant Housing Units | 443 (10.5%) |
| Median Home Value | $288,454 |
| Average Home Value | $329,194 |
Housing Distribution
Address Breakdown
Residential
3,882
Single Family
3,882
Multi-Family
0
Businesses
187
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Listed by: N/A • Center Park Homes
Mls Name: Center Park Homes
Mls ID: #N/A