350 Griffon Dr, Chapin, SC, 29036 | $817/mo Cash Flow

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NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Chapin at 350 Griffon Dr, Chapin, SC, 29036 offers a 10.29% rental yield on a $330,427 purchase with $2,833/mo rent. Total monthly income registers $2,833/mo, and a $1,617/mo payment leaves $817/mo available for distribution. Annual cash flow reaches $9,801/yr on $109,537 to close, and return on cash invested stands at 28.86% in year one. Equity gained on principal adds $2,132/yr while 5% annual appreciation supports $91,291 over five years. Portfolio math shows five-year ROI at 150.71% and total cumulative return in cash at $165,085. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,833/mo property income against a $1,617/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Single Family

Built in 2024

8,276 sqft lot

$N/A/sqft

$595 annually 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