582 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
Rental property for sale in Chapin at 582 Griffon Dr, Chapin, SC, 29036 offers $2,878/mo rent that, after a $1,681/mo payment, leaves $833/mo cash flow. Total monthly income is $2,878/mo, and annual cash flow is $10,002/yr on $113,861 cash. Return on cash invested measures 28.69% in year one, and rental yield stands at 10.05% at a $343,471 entry. Equity gained on principal adds $2,216/yr while 5% annual appreciation compounds into $94,895 by year five. Five-year ROI records 149.66% and total cumulative return in cash reaches $170,404. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,878/mo property income versus a $1,681/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2025
8,276 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: Donna Neese • Coldwell Banker Realty
Mls Name: Consolidated MLS
Mls ID: #623264