1010 Maridian StSimpsonvilleSC29680
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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 Simpsonville at 1010 Maridian St, Simpsonville, SC, 29680 offers $2,640/mo rent that, after a $1,621/mo payment, leaves $668/mo cash flow. Total monthly income is $2,640/mo, and annual cash flow is $8,022/yr on $109,791 cash. Return on cash invested measures 27.22% in year one, and rental yield stands at 9.57% at a $331,195 entry. Equity gained on principal adds $2,137/yr while 5% annual appreciation compounds into $91,503 by year five. Five-year ROI records 141.72% and total cumulative return in cash reaches $155,594. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,640/mo property income versus a $1,621/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2024
7,840 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29680, Simpsonville, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,688 (100%) |
| Owner Occupied HU | 11,639 (74.2%) |
| Renter Occupied HU | 3,411 (21.7%) |
| Vacant Housing Units | 638 ( 4.1%) |
| Median Home Value | $337,572 |
| Average Home Value | $368,365 |
Housing Distribution
Address Breakdown
Residential
16,044
Single Family
13,628
Multi-Family
2,416
Businesses
606
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Listed by: Tiffany Hodges • SM South Carolina Brokerage, L
Mls Name: Greater Greenville AOR
Mls Provider:
Mls ID: #1556352
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.