534 W Frederick StGaffneySC29341
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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 Gaffney at 534 W Frederick St, Gaffney, SC, 29341 listed at $150,000 pairs $1,151/mo rent with a $734/mo payment to leave $258/mo cash flow. Total monthly income runs $1,151/mo, and annual cash flow reaches $3,099/yr on $49,725 cash to close. Return on cash invested measures 26.14% in year one, and rental yield registers 9.21% at a $150,000 basis. Equity gained on principal adds $968/yr, and annual property appreciation at 5% supports $41,442 by year five. Five-year ROI tracks 136.02% and total cumulative return in cash totals $67,638. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,151/mo property income relative to a $734/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1965
0.39 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29341, Gaffney, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,288 (100%) |
| Owner Occupied HU | 5,879 (63.3%) |
| Renter Occupied HU | 2,668 (28.7%) |
| Vacant Housing Units | 741 ( 8.0%) |
| Median Home Value | $213,329 |
| Average Home Value | $248,110 |
Housing Distribution
Address Breakdown
Residential
8,982
Single Family
7,948
Multi-Family
1,034
Businesses
683
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Listed by: Bryan Childers • Buice Realty, Inc.
Mls Name: SAR
Mls Provider:
Mls ID: #322429
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.