11 Starlake RdSimpsonvilleSC29681
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 11 Starlake Rd, Simpsonville, SC, 29681 earns $411/mo cash flow from $2,048/mo rent with a $1,346/mo payment. Total monthly income totals $2,048/mo, and annual cash flow totals $4,932/yr on $91,163 capital. ROI tracks 25.32% on current figures, and rental yield reads 8.94% at a $275,000 purchase. Equity gained on principal adds $1,775/yr, and 5% annual appreciation supports $75,977 over five years. Five-year ROI reaches 131.54% and total cumulative return in cash sums $119,915. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,048/mo property income instead of your personal income.
Townhouse
Built in N/A
1,830 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29681, Simpsonville, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 25,732 (100%) |
| Owner Occupied HU | 21,349 (83.0%) |
| Renter Occupied HU | 3,417 (13.3%) |
| Vacant Housing Units | 966 ( 3.8%) |
| Median Home Value | $378,229 |
| Average Home Value | $419,357 |
Housing Distribution
Address Breakdown
Residential
25,817
Single Family
24,074
Multi-Family
1,743
Businesses
1,206
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Roman Sydiuk • Success Properties, LLC
Mls Name: Greater Greenville AOR
Mls Provider:
Mls ID: #1561723
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.