105 Belmont DrFountain InnSC29644
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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 Fountain Inn at 105 Belmont Dr, Fountain Inn, SC, 29644 priced at $320,000 converts $2,461/mo rent into $556/mo cash flow after a $1,566/mo obligation. Total monthly income equals $2,461/mo, and annual cash flow totals $6,676/yr on $106,080 invested. Return on cash invested prints 26.2% in year one, and rental yield reads 9.23% against a $320,000 entry. Equity gained on principal adds $2,065/yr, while 5% annual appreciation compiles into $88,410 by year five. Five-year ROI reaches 136.3% and total cumulative return in cash sums $144,591. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,461/mo property income covering a $1,566/mo payment, not borrower’s personal income.
Single Family
Built in 1970
1.67 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29644, Fountain Inn, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,989 (100%) |
| Owner Occupied HU | 7,280 (72.9%) |
| Renter Occupied HU | 2,135 (21.4%) |
| Vacant Housing Units | 574 ( 5.7%) |
| Median Home Value | $309,383 |
| Average Home Value | $348,935 |
Housing Distribution
Address Breakdown
Residential
10,245
Single Family
10,088
Multi-Family
157
Businesses
495
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Listed by: Cameron Keegan • RE/MAX Moves Simpsonville
Mls Name: Greater Greenville AOR
Mls Provider:
Mls ID: #1527770
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.