107 Sagewood CtFountain 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 107 Sagewood Ct, Fountain Inn, SC, 29644 offers $1,357/mo rent that, after a $978/mo payment, leaves $167/mo cash flow. Total monthly income is $1,357/mo, and annual cash flow is $2,009/yr on $66,267 cash. Return on cash invested measures 22.94% in year one, and rental yield stands at 8.15% at a $199,900 entry. Equity gained on principal adds $1,290/yr while 5% annual appreciation compounds into $55,229 by year five. Five-year ROI records 118.83% and total cumulative return in cash reaches $78,745. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,357/mo property income versus a $978/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Manufactured
Built in 2000
0.25 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: Melinda Gray • Palmetto Heritage Real Estate
Mls Name: Greater Greenville AOR
Mls ID: #1580368