1009 Skidaway DrSpartanburgSC29376
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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 Spartanburg at 1009 Skidaway Dr, Spartanburg, SC, 29376 offers a 4.04% rental yield on a $347,515 purchase with $1,170/mo rent. 55% in year one. Equity gained on principal adds $2,242/yr while 5% annual appreciation supports $96,012 over five years. Portfolio math shows five-year ROI at 52.36% and total cumulative return in cash at $60,314. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,170/mo property income against a $1,701/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2025
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29376, Roebuck, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,818 (100%) |
| Owner Occupied HU | 2,969 (77.8%) |
| Renter Occupied HU | 667 (17.5%) |
| Vacant Housing Units | 182 ( 4.8%) |
| Median Home Value | $271,055 |
| Average Home Value | $313,905 |
Housing Distribution
Address Breakdown
Residential
3,403
Single Family
3,403
Multi-Family
0
Businesses
327
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Listed by: N/A • Veranda Homes
Mls Name: Veranda Homes
Mls ID: #N/A