444 Mediterranean AveChapinSC29036
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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
Rental property for sale in Chapin at 444 Mediterranean Ave, Chapin, SC, 29036 offers $2,999/mo rent that, after a $1,556/mo payment, leaves $1,078/mo cash flow. Total monthly income is $2,999/mo, and annual cash flow is $12,941/yr on $105,417 cash. Return on cash invested measures 32.19% in year one, and rental yield stands at 11.32% at a $318,000 entry. Equity gained on principal adds $2,052/yr while 5% annual appreciation compounds into $87,858 by year five. Five-year ROI records 168.5% and total cumulative return in cash reaches $177,623. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,999/mo property income versus a $1,556/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2018
7,840 sqft lot
$N/A/sqft
$336 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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Nearby investment properties with comparable prices
Listed by: Dalton Hahn • PMI Palmetto
Mls Name: Consolidated MLS
Mls Provider:
Mls ID: #609197
Disclaimer: IDX listing data provided courtesy of Consolidated MLS - Columbia, SC