508 Gammon LnFountain InnSC29644
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
Rental property for sale in Fountain Inn at 508 Gammon Ln, Fountain Inn, SC, 29644 priced at $365,000 pairs $2,852/mo rent with $680/mo cash flow after a $1,786/mo payment. Total monthly income equals $2,852/mo, and annual cash flow comes to $8,157/yr on $120,998 invested. Return on cash invested is 26.65% in year one, and rental yield stands at 9.38% on a $365,000 basis. Equity gained on principal adds $2,355/yr, and 5% annual appreciation accumulates to $100,843 by year five. Five-year ROI measures 138.68% and total cumulative return in cash reaches $167,803. For financing, Ziffy Mortgage’s DSCR program evaluates $2,852/mo property income against a $1,786/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2023
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29644, Fountain Inn, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,989 (100%) |
| Owner Occupied HU | 7,280 (72.9%) |
| Renter Occupied HU | 2,135 (21.4%) |
| Vacant Housing Units | 574 ( 5.7%) |
| Median Home Value | $309,383 |
| Average Home Value | $348,935 |
Housing Distribution
Address Breakdown
Residential
10,245
Single Family
10,088
Multi-Family
157
Businesses
495
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Dan Hamilton • Keller Williams Grv Upst
Mls Name: Greater Greenville AOR
Mls ID: #1573145