585 Misty Banks 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 585 Misty Banks Dr, Chapin, SC, 29036 priced at $525,500 pairs $3,491/mo rent with $259/mo cash flow after a $2,572/mo payment. Total monthly income equals $3,491/mo, and annual cash flow comes to $3,104/yr on $172,890 invested. Return on cash invested is 21.86% in year one, and rental yield stands at 7.97% on a $525,500 basis. Equity gained on principal adds $3,391/yr, and 5% annual appreciation accumulates to $145,186 by year five. Five-year ROI measures 113.2% and total cumulative return in cash reaches $195,718. For financing, Ziffy Mortgage’s DSCR program evaluates $3,491/mo property income against a $2,572/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2024
10,018 sqft lot
$N/A/sqft
$1,250 annually 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: Will Unthank • Purpose Realty
Mls Name: Consolidated MLS
Mls Provider:
Mls ID: #611250
Disclaimer: IDX listing data provided courtesy of Consolidated MLS - Columbia, SC