155 Reining WayFountain InnSC29644
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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 Fountain Inn at 155 Reining Way, Fountain Inn, SC, 29644 uses $62,985 cash to close to unlock $2,483/yr annual cash flow and $207/mo monthly cash flow. Total monthly income runs $1,338/mo, and a $930/mo payment keeps the spread at $207/mo. Purchase price stands at $190,000, and rental yield measures 8.45% with $1,338/mo rent. Return on cash invested shows 23.85% in year one, and 5% annual appreciation builds toward $52,494 over five years. Five-year ROI reaches 123.65% and total cumulative return in cash records $77,880. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,338/mo property income covering a $930/mo payment rather than investor’s personal income.
Home Type Unknown
Built in N/A
30.70 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29644, Fountain Inn, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,989 (100%) |
| Owner Occupied HU | 7,280 (72.9%) |
| Renter Occupied HU | 2,135 (21.4%) |
| Vacant Housing Units | 574 ( 5.7%) |
| Median Home Value | $309,383 |
| Average Home Value | $348,935 |
Housing Distribution
Address Breakdown
Residential
10,245
Single Family
10,088
Multi-Family
157
Businesses
495
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Listed by: N/A • N/A
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