109 Malibu 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 109 Malibu Ln, Simpsonville, SC, 29680 earns from $3,175/mo rent with a $3,083/mo payment. Total monthly income totals $3,175/mo. ROI tracks 16.73% on current figures, and rental yield reads 6.05% at a $629,900 purchase. Equity gained on principal adds $4,065/yr, and 5% annual appreciation supports $174,030 over five years. Five-year ROI reaches 85.47% and total cumulative return in cash sums $177,123. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,175/mo property income instead of your personal income.
Single Family
Built in N/A
N/A 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: Barbara Riggs • Marchant Real Estate. Inc.
Mls Name: WUMLS
Mls ID: #20295990