134 Lionshead WayGaffneySC29341
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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 Gaffney at 134 Lionshead Way, Gaffney, SC, 29341 priced at $675,000 converts $2,491/mo rent into after a $3,304/mo obligation. Total monthly income equals $2,491/mo. Return on cash invested prints 11.65% in year one, and rental yield reads 4.43% against a $675,000 entry. Equity gained on principal adds $4,356/yr, while 5% annual appreciation compiles into $186,490 by year five. Five-year ROI reaches 58.26% and total cumulative return in cash sums $129,387. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,491/mo property income covering a $3,304/mo payment, not borrower’s personal income.
Single Family
Built in 1997
1.31 Acres lot
$N/A/sqft
$350 annually 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
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Listed by: William Bowers • Bowers & Associates
Mls Name: SAR
Mls Provider:
Mls ID: #328111
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.