401 Old Forge 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
Rental property for sale in Chapin at 401 Old Forge Rd, Chapin, SC, 29036 priced at $959,500 pairs $3,330/mo rent with after a $4,696/mo payment. Total monthly income equals $3,330/mo. Return on cash invested is 11.01% in year one, and rental yield stands at 4.16% on a $959,500 basis. Equity gained on principal adds $6,192/yr, and 5% annual appreciation accumulates to $265,092 by year five. Five-year ROI measures 54.76% and total cumulative return in cash reaches $172,868. For financing, Ziffy Mortgage’s DSCR program evaluates $3,330/mo property income against a $4,696/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1966
2 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: Crystal Wallace • RE/MAX At The Lake
Mls Name: Consolidated MLS
Mls Provider:
Mls ID: #588005
Disclaimer: IDX listing data provided courtesy of Consolidated MLS - Columbia, SC