102 College DrGaffneySC29340
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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
Investment property for sale in Gaffney at 102 College Dr, Gaffney, SC, 29340 listed at $419,900 pairs $1,589/mo rent with a $2,055/mo payment. Total monthly income runs $1,589/mo. Return on cash invested measures 7.75% in year one, and rental yield registers 4.54% at a $419,900 basis. Equity gained on principal adds $2,710/yr, and annual property appreciation at 5% supports $116,011 by year five. Five-year ROI tracks 38.9% and total cumulative return in cash totals $54,144. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,589/mo property income relative to a $2,055/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Multi Family
Built in N/A
0.58 Acres 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: Brad Liles • Keller Williams Realty on Main
Mls Name: SAR
Mls Provider:
Mls ID: #311665
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.