608 Misty Banks DrChapinSC29036
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 Chapin at 608 Misty Banks Dr, Chapin, SC, 29036 uses $42,764 cash to close to unlock $2,466/yr annual cash flow and $205/mo monthly cash flow. Total monthly income runs $973/mo, and a $631/mo payment keeps the spread at $205/mo. Purchase price stands at $129,000, and rental yield measures 9.05% with $973/mo rent. Return on cash invested shows 25.68% in year one, and 5% annual appreciation builds toward $35,640 over five years. Five-year ROI reaches 133.52% and total cumulative return in cash records $57,097. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $973/mo property income covering a $631/mo payment rather than investor’s personal income.
Single Family
Built in N/A
8,712 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Michael Marshall • EXIT REAL ESTATE CONSULTANTS
Mls Name: Exit Realty
Mls Provider:
Mls ID: #596608