222 POPLAR ST

GAFFNEY, SC 29341
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2 bd, 1 ba | 904 sqft | Built in 1965

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List Price
$167,500

Initial Investment

$45,644

Purchase Price

$167,500

Down Payment

25%

Rent

$1,130

Total Return

$75,597

Annualized Return

20.9%

Cap Rate

4.8%

Gross Yield

8.1%

Cash Flow

-$1,567

Appreciation

8.6%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

13,068

HOA

None

Flood Risk

Not Required

This cozy fully remodeled 2-bedroom, 1-bathroom house offers 940 square feet of modern living space. Located very close to Downtown Gaffney, this home provides convenient access to shopping, dining, and the Hwy 11 and I-85 freeway. Enjoy cooking and entertaining in your kitchen with all new stainless steel appliances. Beautiful new vinyl flooring throughout and tiled floors in the laundry area. The bathroom is fully remodeled with a tub and shower combination for a relaxing soak after a long day. New roof, water heater, AC system replaced in 2015 and plumbing has been updated for your peace of mind. This charming Home is perfect for anyone seeking comfort and convenience in a great location. Don't miss out on the opportunity to make it yours today!

See more in Analysis
Chris deTreville
Auben Realty, LLC
GA Agent License #64566

Annual Financial Highlights

Expected Rent

$12,882

Expenses

-$2,293

Property Taxes

-$3,050

Loan Payments

-$9,106

Net Cash Flow

-$1,567

See more in Financials

Property Characteristics

Buyer's Agent

An experienced local, licensed real estate broker/agent will represent you in this transaction. They will negotiate on your behalf, from your first offer through closing.
  • You can contact your Agent with questions even before making an offer.
  • A professional home inspection will be conducted prior to closing.  This inspection, paid for by Roofstock, will be conducted by a Roofstock-affiliated vendor.  As soon as the report is ready, your Agent will discuss the findings with you and help with any next steps.

Property Management

Why choose?
From repairs and maintenance to communicating with tenants, our preferred property management teams protect your assets and keep things running smoothly.

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Listing Courtesy of:Skip Kirsch
Agent License 16501
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Certified Agent Brokerage:Chris deTreville
Auben Realty, LLC
GA Brokerage License H-67288
SourceGreater Greenville AOR MLS
MLS #1551437
Last Updated: 03/19/2025 17:03
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