414 W Buford StGaffneySC29341
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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 Gaffney at 414 W Buford St, Gaffney, SC, 29341 priced at $169,500 converts $1,329/mo rent into $320/mo cash flow after a $830/mo obligation. Total monthly income equals $1,329/mo, and annual cash flow totals $3,835/yr on $56,189 invested. Return on cash invested prints 26.73% in year one, and rental yield reads 9.41% against a $169,500 entry. Equity gained on principal adds $1,094/yr, while 5% annual appreciation compiles into $46,830 by year five. Five-year ROI reaches 139.17% and total cumulative return in cash sums $78,200. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,329/mo property income covering a $830/mo payment, not borrower’s personal income.
Single Family
Built in 1964
7,405 sqft 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: William Russell R Poole • Mathers Realty. com
Mls Name: SAR
Mls ID: #325507