Ridgewiew RdChesterSC29706
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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 Chester at Ridgewiew Rd, Chester, SC, 29706 priced at $698,050 pairs $1,366/mo rent with after a $3,417/mo payment. Total monthly income equals $1,366/mo. Return on cash invested is 5.48% in year one, and rental yield stands at 2.35% on a $698,050 basis. Equity gained on principal adds $4,504/yr, and 5% annual appreciation accumulates to $192,858 by year five. Five-year ROI measures 25.16% and total cumulative return in cash reaches $57,771. For financing, Ziffy Mortgage’s DSCR program evaluates $1,366/mo property income against a $3,417/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in N/A
151.75 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29706, Chester, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,796 (100%) |
| Owner Occupied HU | 5,818 (66.1%) |
| Renter Occupied HU | 2,017 (22.9%) |
| Vacant Housing Units | 961 (10.9%) |
| Median Home Value | $164,274 |
| Average Home Value | $217,998 |
Housing Distribution
Address Breakdown
Residential
8,258
Single Family
8,236
Multi-Family
22
Businesses
723
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Listed by: Gary Springer • Mossy Oak Properties Rural Land Investments
Mls Name: REALSTACK
Mls ID: #79708