115 Rolling Mill RdGaffneySC29340
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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 115 Rolling Mill Rd, Gaffney, SC, 29340 with 5% annual appreciation on a $254,900 basis while $2,080/mo rent supports operations. Total monthly income totals $2,080/mo and a $1,248/mo payment preserves $562/mo for cash returns. Annual cash flow comes to $6,747/yr on $84,499 deployed, and return on cash invested reaches 27.89% in year one. Equity gained on principal adds $1,645/yr, and five-year appreciation sums $70,424 alongside rental yield of 9.79%. Five-year ROI measures 145.39% and total cumulative return in cash totals $122,856.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,080/mo property income versus a $1,248/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2023
0.72 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: Robin Duncan • R. M. DUNCAN REALTY, INC
Mls Name: SAR
Mls Provider:
Mls ID: #324703
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.