131 Lincoln DrGaffneySC29341
Nearby investment properties with comparable rents
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
Rental property for sale in Gaffney at 131 Lincoln Dr, Gaffney, SC, 29341 priced at $172,900 pairs $1,460/mo rent with $431/mo cash flow after a $846/mo payment. Total monthly income equals $1,460/mo, and annual cash flow comes to $5,172/yr on $57,316 invested. Return on cash invested is 28.93% in year one, and rental yield stands at 10.13% on a $172,900 basis. Equity gained on principal adds $1,116/yr, and 5% annual appreciation accumulates to $47,769 by year five. Five-year ROI measures 151.01% and total cumulative return in cash reaches $86,552. For financing, Ziffy Mortgage’s DSCR program evaluates $1,460/mo property income against a $846/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1970
0.33 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29341, Gaffney, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,288 (100%) |
| Owner Occupied HU | 5,879 (63.3%) |
| Renter Occupied HU | 2,668 (28.7%) |
| Vacant Housing Units | 741 ( 8.0%) |
| Median Home Value | $213,329 |
| Average Home Value | $248,110 |
Housing Distribution
Address Breakdown
Residential
8,982
Single Family
7,948
Multi-Family
1,034
Businesses
683
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: JEFF BUICE • Buice Realty, Inc.
Mls Name: SAR
Mls ID: #330215