216 Selden 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 216 Selden Way, Fountain Inn, SC, 29644 at $500,000 posts ROI 24.28% with $604/mo cash flow from $3,580/mo rent. Total monthly income equals $3,580/mo, and annual cash flow records $7,246/yr on $165,750 to close. Return on cash invested measures 24.28% and rental yield reads 8.59% at the current $500,000. Equity gained on principal adds $3,226/yr, and 5% annual appreciation supports $138,141 by year five. Five-year ROI prints 125.96% and total cumulative return in cash totals $208,784.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,580/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2016
0.57 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: Mary Champagne • RE/MAX Results - Greenville
Mls Name: WUMLS
Mls ID: #20296381