1311 S Johnson StGaffneySC29340
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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 1311 S Johnson St, Gaffney, SC, 29340 earns $38/mo cash flow from $990/mo rent with a $783/mo payment. Total monthly income totals $990/mo, and annual cash flow totals $453/yr on $53,007 capital. ROI tracks 20.76% on current figures, and rental yield reads 7.43% at a $159,900 purchase. Equity gained on principal adds $1,032/yr, and 5% annual appreciation supports $44,177 over five years. Five-year ROI reaches 107.16% and total cumulative return in cash sums $56,802. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $990/mo property income instead of your personal income.
Single Family
Built in 1960
0.28 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: JORDAN PORTILLO • REMAX SOLUTIONS
Mls Name: SAR
Mls ID: #328849