408 Putman RdFountain InnSC29644
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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 Fountain Inn at 408 Putman Rd, Fountain Inn, SC, 29644 offers $3,634/mo rent that, after a $3,059/mo payment. Total monthly income is $3,634/mo. Return on cash invested measures 19.56% in year one, and rental yield stands at 6.98% at a $625,000 entry. Equity gained on principal adds $4,033/yr while 5% annual appreciation compounds into $172,676 by year five. Five-year ROI records 100.6% and total cumulative return in cash reaches $206,869. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,634/mo property income versus a $3,059/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in N/A
0.53 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29644, Fountain Inn, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,989 (100%) |
| Owner Occupied HU | 7,280 (72.9%) |
| Renter Occupied HU | 2,135 (21.4%) |
| Vacant Housing Units | 574 ( 5.7%) |
| Median Home Value | $309,383 |
| Average Home Value | $348,935 |
Housing Distribution
Address Breakdown
Residential
10,245
Single Family
10,088
Multi-Family
157
Businesses
495
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Listed by: Veronica Smith • The Property Bar, LLC
Mls Name: Greater Greenville AOR
Mls ID: #1568756