554 Green River RdGaffneySC29341
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
Investment property for sale in Gaffney at 554 Green River Rd, Gaffney, SC, 29341 uses $124,279 cash to close to unlock $807/yr annual cash flow and $67/mo monthly cash flow. Total monthly income runs $2,299/mo, and a $1,835/mo payment keeps the spread at $67/mo. Purchase price stands at $374,900, and rental yield measures 7.36% with $2,299/mo rent. Return on cash invested shows 20.56% in year one, and 5% annual appreciation builds toward $103,578 over five years. Five-year ROI reaches 106.03% and total cumulative return in cash records $131,779. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,299/mo property income covering a $1,835/mo payment rather than investor’s personal income.
Single Family
Built in 1947
0.93 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Erica Henderson • Buice Realty, Inc.
Mls Name: SAR
Mls ID: #320076