126 Old Race Track RdGaffneySC29340
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Nearby investment properties with comparable prices
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 126 Old Race Track Rd, Gaffney, SC, 29340 at $237,000 posts ROI 24.26% with $285/mo cash flow from $1,696/mo rent. Total monthly income equals $1,696/mo, and annual cash flow records $3,422/yr on $78,566 to close. Return on cash invested measures 24.26% and rental yield reads 8.59% at the current $237,000. Equity gained on principal adds $1,529/yr, and 5% annual appreciation supports $65,479 by year five. Five-year ROI prints 125.93% and total cumulative return in cash totals $98,936.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,696/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1991
0.50 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: Regina Looney • RE/MAX Reach
Mls Name: Greater Greenville AOR
Mls ID: #1567160