Wilmington Plan, Parker's PreserveRidgevilleSC29472
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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 Wilmington Plan, Parker's Preserve, Ridgeville, SC, 29472 priced at $362,990 converts $3,076/mo rent into $915/mo cash flow after a $1,777/mo obligation. Total monthly income equals $3,076/mo, and annual cash flow totals $10,978/yr on $120,331 invested. Return on cash invested prints 29.03% in year one, and rental yield reads 10.17% against a $362,990 entry. Equity gained on principal adds $2,342/yr, while 5% annual appreciation compiles into $100,287 by year five. Five-year ROI reaches 151.45% and total cumulative return in cash sums $182,244. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,076/mo property income covering a $1,777/mo payment, not borrower’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 • Eastwood Homes
Mls Name: Eastwood Homes
Mls Provider:
Mls ID: #N/A