106 Parkgate CtSimpsonvilleSC29680
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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 106 Parkgate Ct, Simpsonville, SC, 29680 uses $84,533 cash to close to unlock $6,626/yr annual cash flow and $552/mo monthly cash flow. Total monthly income runs $2,070/mo, and a $1,248/mo payment keeps the spread at $552/mo. Purchase price stands at $255,000, and rental yield measures 9.74% with $2,070/mo rent. Return on cash invested shows 27.75% in year one, and 5% annual appreciation builds toward $70,452 over five years. Five-year ROI reaches 144.59% and total cumulative return in cash records $122,228. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,070/mo property income covering a $1,248/mo payment rather than investor’s personal income.
Single Family
Built in 2005
8,276 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: Gabrielle Anderson • Agape Real Estate Solutions
Mls Name: Greater Greenville AOR
Mls ID: #1580196