Welcome to your charming ranch-style retreat, situated just moments from the vibrant downtown Fountain Inn and Fountain Inn High School. This cozy 3-bedroom, 2-bathroom home is nestled on a generous half-acre lot in a no-HOA, providing you the freedom to design your ideal living space. As you step inside, you’ll be welcomed by a bright and inviting living room, complete with a cozy fireplace and large windows that wash the room in natural light. The updated kitchen is both functional and stylish, featuring modern appliances and ample counter space, making it an ideal setting for everyday cooking and entertaining family and friends. Step outside to discover your ample half-acre yard, perfect for relaxation, outdoor gatherings, or even gardening. This versatile outdoor space includes a separate building that currently serves as a successful Airbnb, offering excellent income potential to help offset mortgage costs. With no restrictions on short-term rentals, you can easily take advantage of the growing demand for accommodations in this sought-after area, whether for guests or as an inviting in-law suite. Location is everything, and this property excels in that regard. Enjoy the convenience of being just a short stroll from downtown Fountain Inn, where a variety of shops, dining options, and community events await you year-round. The proximity to local amenities and schools makes this home an ideal choice for families. Don’t miss the opportunity to own this exceptional property that beautifully combines comfort, convenience, and income potential. Schedule your showing today and envision the possibilities that await you!
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Our Executive Mortgage Banker:
Our Insurance Division:
$375,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 401.474.4879
Whitney.Rugg@raveis.com
NMLS Mortgage Loan Originator ID 7654
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $300,000 | $300,000 | $300,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.875% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.477% | 7.055% | 6.256% |
Monthly Tax Payment | $137 | $137 | $137 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,996 | $1,971 | $2,530 |
Total Monthly Payment | $2,208 | $2,183 | $2,742 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.