516 Gammon LnFountain InnSC29644
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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
Investment property for sale in Fountain Inn at 516 Gammon Ln, Fountain Inn, SC, 29644 with 5% annual appreciation on a $325,000 basis while $2,576/mo rent supports operations. Total monthly income totals $2,576/mo and a $1,591/mo payment preserves $641/mo for cash returns. Annual cash flow comes to $7,693/yr on $107,738 deployed, and return on cash invested reaches 27.05% in year one. Equity gained on principal adds $2,097/yr, and five-year appreciation sums $89,792 alongside rental yield of 9.51%. Five-year ROI measures 140.85% and total cumulative return in cash totals $151,753.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,576/mo property income versus a $1,591/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in N/A
6,625 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
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Listed by: Stephanie Johnson • EXP Realty LLC
Mls Name: Greater Greenville AOR
Mls ID: #1579416