705 Broad StGaffneySC29341
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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
Investment property for sale in Gaffney at 705 Broad St, Gaffney, SC, 29341 with 5% annual appreciation on a $187,500 basis while $1,194/mo rent supports operations. Total monthly income totals $1,194/mo and a $918/mo payment preserves $78/mo for cash returns. Annual cash flow comes to $931/yr on $62,156 deployed, and return on cash invested reaches 21.41% in year one. Equity gained on principal adds $1,210/yr, and five-year appreciation sums $51,803 alongside rental yield of 7.64%. Five-year ROI measures 110.6% and total cumulative return in cash totals $68,743.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,194/mo property income versus a $918/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2025
10,018 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29341, Gaffney, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,288 (100%) |
| Owner Occupied HU | 5,879 (63.3%) |
| Renter Occupied HU | 2,668 (28.7%) |
| Vacant Housing Units | 741 ( 8.0%) |
| Median Home Value | $213,329 |
| Average Home Value | $248,110 |
Housing Distribution
Address Breakdown
Residential
8,982
Single Family
7,948
Multi-Family
1,034
Businesses
683
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Listed by: JEFF BUICE • Buice Realty, Inc.
Mls Name: SAR
Mls ID: #328574