220 Old Cedar PointChapinSC29036
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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 Chapin at 220 Old Cedar Point, Chapin, SC, 29036 listed at $599,000 pairs $2,366/mo rent with a $2,932/mo payment. Total monthly income runs $2,366/mo. Return on cash invested measures 8.74% in year one, and rental yield registers 4.74% at a $599,000 basis. Equity gained on principal adds $3,865/yr, and annual property appreciation at 5% supports $165,493 by year five. Five-year ROI tracks 44.05% and total cumulative return in cash totals $86,818. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,366/mo property income relative to a $2,932/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1967
10,454 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29036, Chapin, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,964 (100%) |
| Owner Occupied HU | 10,059 (84.1%) |
| Renter Occupied HU | 883 ( 7.4%) |
| Vacant Housing Units | 1,022 ( 8.5%) |
| Median Home Value | $415,767 |
| Average Home Value | $516,920 |
Housing Distribution
Address Breakdown
Residential
12,113
Single Family
11,956
Multi-Family
157
Businesses
548
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Listed by: David Frady • Douglas & Cannon Real Est LLC
Mls Name: Consolidated MLS
Mls Provider:
Mls ID: #617528
Disclaimer: IDX listing data provided courtesy of Consolidated MLS - Columbia, SC