2515 Wessinger RdChapinSC29036
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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 2515 Wessinger Rd, Chapin, SC, 29036 listed at $345,000 pairs $3,320/mo rent with a $1,689/mo payment to leave $1,266/mo cash flow. Total monthly income runs $3,320/mo, and annual cash flow reaches $15,191/yr on $114,368 cash to close. Return on cash invested measures 33.19% in year one, and rental yield registers 11.55% at a $345,000 basis. Equity gained on principal adds $2,226/yr, and annual property appreciation at 5% supports $95,317 by year five. Five-year ROI tracks 173.75% and total cumulative return in cash totals $198,712. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,320/mo property income relative to a $1,689/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2017
0.61 Acres 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: John Page • Olivia Cooley Real Estate
Mls Name: Consolidated MLS
Mls ID: #621471