Savannah Plan, Hearthstone LakesRidgelandSC29936
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 Savannah Plan, Hearthstone Lakes, Ridgeland, SC, 29936 offers a 10.43% rental yield on a $421,500 purchase with $3,662/mo rent. Total monthly income registers $3,662/mo, and a $2,063/mo payment leaves $1,086/mo available for distribution. Annual cash flow reaches $13,031/yr on $139,727 to close, and return on cash invested stands at 29.24% in year one. Equity gained on principal adds $2,720/yr while 5% annual appreciation supports $116,453 over five years. Portfolio math shows five-year ROI at 152.74% and total cumulative return in cash at $213,418. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,662/mo property income against a $2,063/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2024
N/A lot
$N/A/sqft
$67 monthly 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 • Forino CO., L.P.
Mls Name: Forino CO., L.P.
Mls Provider:
Mls ID: #N/A