1042 Flat Coat LnChapinSC29036
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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 Chapin at 1042 Flat Coat Ln, Chapin, SC, 29036 listed at $397,999 pairs $2,841/mo rent with a $1,948/mo payment to leave $413/mo cash flow. Total monthly income runs $2,841/mo, and annual cash flow reaches $4,961/yr on $131,937 cash to close. Return on cash invested measures 23.67% in year one, and rental yield registers 8.57% at a $397,999 basis. Equity gained on principal adds $2,568/yr, and annual property appreciation at 5% supports $109,960 by year five. Five-year ROI tracks 122.89% and total cumulative return in cash totals $162,144. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,841/mo property income relative to a $1,948/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2025
8,276 sqft lot
$N/A/sqft
$700 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29036, Chapin, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,964 (100%) |
| Owner Occupied HU | 10,059 (84.1%) |
| Renter Occupied HU | 883 ( 7.4%) |
| Vacant Housing Units | 1,022 ( 8.5%) |
| Median Home Value | $415,767 |
| Average Home Value | $516,920 |
Housing Distribution
Address Breakdown
Residential
12,113
Single Family
11,956
Multi-Family
157
Businesses
548
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Listed by: Donna Neese • Coldwell Banker Realty
Mls Name: Consolidated MLS
Mls Provider:
Mls ID: #607564
Disclaimer: IDX listing data provided courtesy of Consolidated MLS - Columbia, SC