112 Bay Pointe DrChapinSC29036
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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 Chapin at 112 Bay Pointe Dr, Chapin, SC, 29036 priced at $789,000 pairs $5,028/mo rent with $303/mo cash flow after a $3,862/mo payment. Total monthly income equals $5,028/mo, and annual cash flow comes to $3,642/yr on $259,581 invested. Return on cash invested is 21.46% in year one, and rental yield stands at 7.65% on a $789,000 basis. Equity gained on principal adds $5,091/yr, and 5% annual appreciation accumulates to $217,986 by year five. Five-year ROI measures 110.88% and total cumulative return in cash reaches $287,830. For financing, Ziffy Mortgage’s DSCR program evaluates $5,028/mo property income against a $3,862/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2023
0.30 Acres lot
$N/A/sqft
$330 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: Molly Sims • RE/MAX At The Lake
Mls Name: Consolidated MLS
Mls Provider:
Mls ID: #616546
Disclaimer: IDX listing data provided courtesy of Consolidated MLS - Columbia, SC