612 Gapway StMullinsSC29574
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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 Mullins at 612 Gapway St, Mullins, SC, 29574 generates $836/mo in rent and, after a $538/mo payment, leaves $85/mo in cash flow. Total monthly income is $836/mo, and annual cash flow is $1,014/yr on $36,432 invested. Return on cash invested sits at 22.69% in year one, and rental yield is 9.13% on a $109,900 entry. Equity gained on principal adds $709/yr, while 5% annual appreciation builds toward $30,363 over five years. Five-year ROI reaches 118.69% and total cumulative return in cash sums $43,240. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $836/mo property income rather than buyer’s personal income.
Single Family
Built in 1950
9,147 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29574, Mullins, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,064 (100%) |
| Owner Occupied HU | 3,001 (59.3%) |
| Renter Occupied HU | 1,258 (24.8%) |
| Vacant Housing Units | 805 (15.9%) |
| Median Home Value | $97,483 |
| Average Home Value | $139,026 |
Housing Distribution
Address Breakdown
Residential
4,732
Single Family
4,709
Multi-Family
23
Businesses
428
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Listed by: Marie C Graham • Welcome Home Realty
Mls Name: Pee Dee Realtor Association
Mls Provider:
Mls ID: #20243894
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.