424 Lombard WayChapinSC29036
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Chapin at 424 Lombard Way, Chapin, SC, 29036 with 5% annual appreciation on a $540,000 basis while $3,523/mo rent supports operations. Total monthly income totals $3,523/mo and a $2,643/mo payment preserves $309/mo for cash returns. Annual cash flow comes to $3,702/yr on $177,660 deployed, and return on cash invested reaches 22.14% in year one. Equity gained on principal adds $3,485/yr, and five-year appreciation sums $149,192 alongside rental yield of 7.83%. Five-year ROI measures 114.49% and total cumulative return in cash totals $203,402.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,523/mo property income versus a $2,643/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2023
0.27 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Tony Timmerman • Home Advantage Realty
Mls Name: Consolidated MLS
Mls ID: #618617