1408 Oak Ridge RdGaffneySC29341
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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 1408 Oak Ridge Rd, Gaffney, SC, 29341 listed at $334,900 pairs $1,194/mo rent with a $1,639/mo payment. Total monthly income runs $1,194/mo. Return on cash invested measures 11.27% in year one, and rental yield registers 4.28% at a $334,900 basis. Equity gained on principal adds $2,161/yr, and annual property appreciation at 5% supports $92,527 by year five. Five-year ROI tracks 56.21% and total cumulative return in cash totals $62,401. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,194/mo property income relative to a $1,639/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2025
0.62 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
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Listed by: DAVIS DICKSON • REMAX SOLUTIONS
Mls Name: SAR
Mls ID: #332063