137 Forest Hills DrGaffneySC29340
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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 137 Forest Hills Dr, Gaffney, SC, 29340 listed at $335,000 pairs $2,704/mo rent with a $1,640/mo payment to leave $709/mo cash flow. Total monthly income runs $2,704/mo, and annual cash flow reaches $8,514/yr on $111,053 cash to close. Return on cash invested measures 27.58% in year one, and rental yield registers 9.69% at a $335,000 basis. Equity gained on principal adds $2,162/yr, and annual property appreciation at 5% supports $92,554 by year five. Five-year ROI tracks 143.67% and total cumulative return in cash totals $159,548. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,704/mo property income relative to a $1,640/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1960
0.41 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: Cindy Hogston • EXP Realty LLC
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4297564