427 Hetty Hill StGaffneySC29340
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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 427 Hetty Hill St, Gaffney, SC, 29340 priced at $130,000 converts $1,140/mo rent into $366/mo cash flow after a $636/mo obligation. Total monthly income equals $1,140/mo, and annual cash flow totals $4,397/yr on $43,095 invested. Return on cash invested prints 30.11% in year one, and rental yield reads 10.52% against a $130,000 entry. Equity gained on principal adds $839/yr, while 5% annual appreciation compiles into $35,917 by year five. Five-year ROI reaches 157.31% and total cumulative return in cash sums $67,791. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,140/mo property income covering a $636/mo payment, not borrower’s personal income.
Single Family
Built in 1950
0.96 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29340, Gaffney, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,023 (100%) |
| Owner Occupied HU | 5,729 (63.5%) |
| Renter Occupied HU | 2,264 (25.1%) |
| Vacant Housing Units | 1,030 (11.4%) |
| Median Home Value | $142,777 |
| Average Home Value | $198,254 |
Housing Distribution
Address Breakdown
Residential
8,544
Single Family
8,544
Multi-Family
0
Businesses
442
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Listed by: Carli Irvin • Bowers & Associates Real Estate
Mls Name: Cherokee County BOR
Mls ID: #33395