Durham Plan, Macedonia PointeGaffneySC29341
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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 Durham Plan, Macedonia Pointe, Gaffney, SC, 29341 uses $94,478 cash to close to unlock $9,365/yr annual cash flow and $780/mo monthly cash flow. Total monthly income runs $2,477/mo, and a $1,395/mo payment keeps the spread at $780/mo. Purchase price stands at $285,000, and rental yield measures 10.43% with $2,477/mo rent. Return on cash invested shows 29.82% in year one, and 5% annual appreciation builds toward $78,740 over five years. Five-year ROI reaches 155.7% and total cumulative return in cash records $147,102. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,477/mo property income covering a $1,395/mo payment rather than investor’s personal income.
Single Family
Built in 2024
N/A 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: N/A • Mungo Homes
Mls Name: Mungo Homes, Inc
Mls Provider:
Mls ID: #N/A