972 Indian Fork RdChapinSC29036
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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 Chapin at 972 Indian Fork Rd, Chapin, SC, 29036 generates $3,067/mo in rent and, after a $2,442/mo payment, leaves $97/mo in cash flow. Total monthly income is $3,067/mo, and annual cash flow is $1,163/yr on $165,419 invested. Return on cash invested sits at 20.61% in year one, and rental yield is 7.38% on a $499,000 entry. Equity gained on principal adds $3,220/yr, while 5% annual appreciation builds toward $137,865 over five years. Five-year ROI reaches 106.28% and total cumulative return in cash sums $175,806. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,067/mo property income rather than buyer’s personal income.
Single Family
Built in 2005
1 Acres 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
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Listed by: Allison Parler • RE/MAX At The Lake
Mls Name: Consolidated MLS
Mls ID: #617389