318 Brookridge DrChapinSC29036
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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 318 Brookridge Dr, Chapin, SC, 29036 with 5% annual appreciation on a $575,000 basis while $3,833/mo rent supports operations. Total monthly income totals $3,833/mo and a $2,814/mo payment preserves $340/mo for cash returns. Annual cash flow comes to $4,086/yr on $189,175 deployed, and return on cash invested reaches 22.22% in year one. Equity gained on principal adds $3,710/yr, and five-year appreciation sums $158,862 alongside rental yield of 8%. Five-year ROI measures 115.05% and total cumulative return in cash totals $217,655.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,833/mo property income versus a $2,814/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2019
0.39 Acres lot
$N/A/sqft
$210 quarterly 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: Eric M Joyner • Lake Murray 360 Realty LLC
Mls Name: Consolidated MLS
Mls Provider:
Mls ID: #606349
Disclaimer: IDX listing data provided courtesy of Consolidated MLS - Columbia, SC