2 Leacoock DrFountain 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 2 Leacoock Dr, Fountain Inn, SC, 29644 offers a 10.37% rental yield on a $318,822 purchase with $2,756/mo rent. Total monthly income registers $2,756/mo, and a $1,560/mo payment leaves $859/mo available for distribution. Annual cash flow reaches $10,303/yr on $105,689 to close, and return on cash invested stands at 29.66% in year one. Equity gained on principal adds $2,057/yr while 5% annual appreciation supports $88,085 over five years. Portfolio math shows five-year ROI at 154.82% and total cumulative return in cash at $163,625. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,756/mo property income against a $1,560/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in N/A
8,712 sqft 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: Sharon Young • DFH Realty Georgia, LLC
Mls Name: Greater Greenville AOR
Mls ID: #1565956