104 Deer Spring LnSimpsonvilleSC29680
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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 Simpsonville at 104 Deer Spring Ln, Simpsonville, SC, 29680 listed at $498,500 pairs $2,640/mo rent with a $2,440/mo payment. Total monthly income runs $2,640/mo. Return on cash invested measures 17.53% in year one, and rental yield registers 6.36% at a $498,500 basis. Equity gained on principal adds $3,217/yr, and annual property appreciation at 5% supports $137,726 by year five. Five-year ROI tracks 89.78% and total cumulative return in cash totals $148,361. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,640/mo property income relative to a $2,440/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1992
0.38 Acres 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: Susan McMillen • Allen Tate Co. - Greenville
Mls Name: Greater Greenville AOR
Mls ID: #1573337