339 Ellis Ferry RdGaffneySC29341
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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 Gaffney at 339 Ellis Ferry Rd, Gaffney, SC, 29341 offers a 10.17% rental yield on a $233,000 purchase with $1,974/mo rent. Total monthly income registers $1,974/mo, and a $1,140/mo payment leaves $587/mo available for distribution. Annual cash flow reaches $7,049/yr on $77,240 to close, and return on cash invested stands at 29.04% in year one. Equity gained on principal adds $1,504/yr while 5% annual appreciation supports $64,374 over five years. Portfolio math shows five-year ROI at 151.51% and total cumulative return in cash at $117,025. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,974/mo property income against a $1,140/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in N/A
0.51 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29341, Gaffney, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,288 (100%) |
| Owner Occupied HU | 5,879 (63.3%) |
| Renter Occupied HU | 2,668 (28.7%) |
| Vacant Housing Units | 741 ( 8.0%) |
| Median Home Value | $213,329 |
| Average Home Value | $248,110 |
Housing Distribution
Address Breakdown
Residential
8,982
Single Family
7,948
Multi-Family
1,034
Businesses
683
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Listed by: Cece Keshavarz • Bluefield Realty Group
Mls Name: Greater Greenville AOR
Mls Provider:
Mls ID: #1537317
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.