598 Griffon Dr, Chapin, SC, 29036 | $598/mo Cash Flow

For Sale

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NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Chapin at 598 Griffon Dr, Chapin, SC, 29036 offers $2,878/mo rent that, after a $1,820/mo payment, leaves $598/mo cash flow. Total monthly income is $2,878/mo, and annual cash flow is $7,174/yr on $123,245 cash. Return on cash invested measures 25.73% in year one, and rental yield stands at 9.29% at a $371,779 entry. Equity gained on principal adds $2,399/yr while 5% annual appreciation compounds into $102,716 by year five. Five-year ROI records 133.99% and total cumulative return in cash reaches $165,132. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,878/mo property income versus a $1,820/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

$800 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