159 Songbird LnGaffneySC29341
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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 159 Songbird Ln, Gaffney, SC, 29341 priced at $154,900 pairs $1,368/mo rent with $446/mo cash flow after a $758/mo payment. Total monthly income equals $1,368/mo, and annual cash flow comes to $5,353/yr on $51,349 invested. Return on cash invested is 30.33% in year one, and rental yield stands at 10.6% on a $154,900 basis. Equity gained on principal adds $1,000/yr, and 5% annual appreciation accumulates to $42,796 by year five. Five-year ROI measures 158.53% and total cumulative return in cash reaches $81,404. For financing, Ziffy Mortgage’s DSCR program evaluates $1,368/mo property income against a $758/mo payment instead of your W2s, 1099s, or Tax returns.
Manufactured
Built in 1994
0.59 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: Lori Thompson • Keller Williams Realty
Mls Name: SAR
Mls ID: #332541