0 New StGaffneySC29340
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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 Gaffney at 0 New St, Gaffney, SC, 29340 priced at $199,979 pairs $1,264/mo rent with $73/mo cash flow after a $979/mo payment. Total monthly income equals $1,264/mo, and annual cash flow comes to $880/yr on $66,293 invested. Return on cash invested is 21.24% in year one, and rental yield stands at 7.58% on a $199,979 basis. Equity gained on principal adds $1,290/yr, and 5% annual appreciation accumulates to $55,251 by year five. Five-year ROI measures 109.68% and total cumulative return in cash reaches $72,709. For financing, Ziffy Mortgage’s DSCR program evaluates $1,264/mo property income against a $979/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2025
9,147 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29340, Gaffney, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,023 (100%) |
| Owner Occupied HU | 5,729 (63.5%) |
| Renter Occupied HU | 2,264 (25.1%) |
| Vacant Housing Units | 1,030 (11.4%) |
| Median Home Value | $142,777 |
| Average Home Value | $198,254 |
Housing Distribution
Address Breakdown
Residential
8,544
Single Family
8,544
Multi-Family
0
Businesses
442
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Listed by: VITALIY MOROZ • SPARTAN REALTY , INC
Mls Name: SAR
Mls ID: #331206