103 Forest Hills 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 103 Forest Hills Dr, Gaffney, SC, 29340 earns $57/mo cash flow from $2,682/mo rent with a $1,946/mo payment. Total monthly income totals $2,682/mo, and annual cash flow totals $687/yr on $131,771 capital. ROI tracks 20.43% on current figures, and rental yield reads 8.1% at a $397,500 purchase. Equity gained on principal adds $2,565/yr, and 5% annual appreciation supports $109,822 over five years. Five-year ROI reaches 106.21% and total cumulative return in cash sums $139,955. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,682/mo property income instead of your personal income.
Single Family
Built in 1968
1.16 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: Leah Harbour • Allen Tate Company - Greer
Mls Name: SAR
Mls Provider:
Mls ID: #326803
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.