845 Island Point LnChapinSC29036
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 845 Island Point Ln, Chapin, SC, 29036 earns from $4,404/mo rent with a $7,782/mo payment. Total monthly income totals $4,404/mo. ROI tracks 8.54% on current figures, and rental yield reads 3.32% at a $1,590,000 purchase. Equity gained on principal adds $10,260/yr, and 5% annual appreciation supports $439,288 over five years. Five-year ROI reaches 41.47% and total cumulative return in cash sums $213,620. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $4,404/mo property income instead of your personal income.
Single Family
Built in 1999
0.66 Acres lot
$N/A/sqft
$230 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 |
Housing Distribution
Address Breakdown
Residential
12,113
Single Family
11,956
Multi-Family
157
Businesses
548
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Listed by: Curt Clark • Coldwell Banker Realty
Mls Name: Consolidated MLS
Mls Provider:
Mls ID: #605243
Disclaimer: IDX listing data provided courtesy of Consolidated MLS - Columbia, SC