518 McCluney DrGaffneySC29340
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 Gaffney at 518 McCluney Dr, Gaffney, SC, 29340 priced at $158,000 pairs $1,194/mo rent with $145/mo cash flow after a $773/mo payment. Total monthly income equals $1,194/mo, and annual cash flow comes to $1,736/yr on $52,377 invested. Return on cash invested is 23.22% in year one, and rental yield stands at 9.07% on a $158,000 basis. Equity gained on principal adds $1,020/yr, and 5% annual appreciation accumulates to $43,652 by year five. Five-year ROI measures 121.24% and total cumulative return in cash reaches $63,502. For financing, Ziffy Mortgage’s DSCR program evaluates $1,194/mo property income against a $773/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1972
0.41 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29340, Gaffney, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,023 (100%) |
| Owner Occupied HU | 5,729 (63.5%) |
| Renter Occupied HU | 2,264 (25.1%) |
| Vacant Housing Units | 1,030 (11.4%) |
| Median Home Value | $142,777 |
| Average Home Value | $198,254 |
Housing Distribution
Address Breakdown
Residential
8,544
Single Family
8,544
Multi-Family
0
Businesses
442
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Gerard Duran • BHHS C Dan Joyner - Sptbg
Mls Name: SAR
Mls Provider:
Mls ID: #321780
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.