518 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 518 Griffon Dr, Chapin, SC, 29036 uses $104,257 cash to close to unlock $6,266/yr annual cash flow and $522/mo monthly cash flow. Total monthly income runs $2,394/mo, and a $1,539/mo payment keeps the spread at $522/mo. Purchase price stands at $314,500, and rental yield measures 9.13% with $2,394/mo rent. Return on cash invested shows 25.92% in year one, and 5% annual appreciation builds toward $86,891 over five years. Five-year ROI reaches 134.8% and total cumulative return in cash records $140,536. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,394/mo property income covering a $1,539/mo payment rather than investor’s personal income.
Single Family
Built in 2025
7,405 sqft lot
$N/A/sqft
No 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: N/A • N/A
Mls Name: Great Southern Homes
Mls Provider:
Mls ID: #N/A