149 Topaz LnGaffneySC29341
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 149 Topaz Ln, Gaffney, SC, 29341 priced at $294,500 converts $2,082/mo rent into $329/mo cash flow after a $1,441/mo obligation. Total monthly income equals $2,082/mo, and annual cash flow totals $3,952/yr on $97,627 invested. Return on cash invested prints 23.96% in year one, and rental yield reads 8.48% against a $294,500 entry. Equity gained on principal adds $1,900/yr, while 5% annual appreciation compiles into $81,365 by year five. Five-year ROI reaches 124.26% and total cumulative return in cash sums $121,309. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,082/mo property income covering a $1,441/mo payment, not borrower’s personal income.
Single Family
Built in 2012
0.36 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: Robin M Duncan • R. M. DUNCAN REALTY, INC
Mls Name: SAR
Mls ID: #326941