517 Griffon DrChapinSC29036
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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 Chapin at 517 Griffon Dr, Chapin, SC, 29036 offers a 9.26% rental yield on a $372,900 purchase with $2,878/mo rent. Total monthly income registers $2,878/mo, and a $1,825/mo payment leaves $600/mo available for distribution. Annual cash flow reaches $7,200/yr on $123,616 to close, and return on cash invested stands at 25.73% in year one. Equity gained on principal adds $2,406/yr while 5% annual appreciation supports $103,025 over five years. Portfolio math shows five-year ROI at 134.01% and total cumulative return in cash at $165,664. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,878/mo property income against a $1,825/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2025
0.25 Acres lot
$N/A/sqft
$700 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: Ana Dias • Coldwell Banker Realty
Mls Name: Consolidated MLS
Mls Provider:
Mls ID: #618958
Disclaimer: IDX listing data provided courtesy of Consolidated MLS - Columbia, SC