518 Cordgrass RdFountain 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 518 Cordgrass Rd, Fountain Inn, SC, 29644 with 5% annual appreciation on a $310,990 basis while $2,111/mo rent supports operations. Total monthly income totals $2,111/mo and a $1,522/mo payment preserves $202/mo for cash returns. Annual cash flow comes to $2,418/yr on $103,093 deployed, and return on cash invested reaches 22.25% in year one. Equity gained on principal adds $2,007/yr, and five-year appreciation sums $85,921 alongside rental yield of 8.15%. Five-year ROI measures 115.37% and total cumulative return in cash totals $118,938.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,111/mo property income versus a $1,522/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2025
5,662 sqft lot
$N/A/sqft
$700 annually 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: Trina Montalbano • D.R. Horton
Mls Name: SAR
Mls Provider:
Mls ID: #325585
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.