429 Lever Hill 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 429 Lever Hill Rd, Chapin, SC, 29036 generates $3,130/mo in rent and, after a $2,080/mo payment, leaves $552/mo in cash flow. Total monthly income is $3,130/mo, and annual cash flow is $6,623/yr on $140,888 invested. Return on cash invested sits at 24.61% in year one, and rental yield is 8.84% on a $425,000 entry. Equity gained on principal adds $2,742/yr, while 5% annual appreciation builds toward $117,420 over five years. Five-year ROI reaches 127.88% and total cumulative return in cash sums $180,173. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,130/mo property income rather than buyer’s personal income.
Single Family
Built in 2017
8,276 sqft lot
$N/A/sqft
$580 annually 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: Stefanie Lane • RE/MAX Advantage Group
Mls Name: Consolidated MLS
Mls Provider:
Mls ID: #604440
Disclaimer: IDX listing data provided courtesy of Consolidated MLS - Columbia, SC