7 Fawndale LnFountain InnSC29644
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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 Fountain Inn at 7 Fawndale Ln, Fountain Inn, SC, 29644 generates $1,903/mo in rent and, after a $1,419/mo payment, leaves $177/mo in cash flow. Total monthly income is $1,903/mo, and annual cash flow is $2,126/yr on $96,102 invested. Return on cash invested sits at 22.12% in year one, and rental yield is 7.88% on a $289,900 entry. Equity gained on principal adds $1,871/yr, while 5% annual appreciation builds toward $80,094 over five years. Five-year ROI reaches 114.45% and total cumulative return in cash sums $109,989. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,903/mo property income rather than buyer’s personal income.
Single Family
Built in 2000
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29644, Fountain Inn, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,989 (100%) |
| Owner Occupied HU | 7,280 (72.9%) |
| Renter Occupied HU | 2,135 (21.4%) |
| Vacant Housing Units | 574 ( 5.7%) |
| Median Home Value | $309,383 |
| Average Home Value | $348,935 |
Housing Distribution
Address Breakdown
Residential
10,245
Single Family
10,088
Multi-Family
157
Businesses
495
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Listed by: Stacy Pingry • Realty One Group Freedom
Mls Name: Greater Greenville AOR
Mls Provider:
Mls ID: #1557557
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.