110 Oakleaf DrSpartanburgSC29301
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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 Spartanburg at 110 Oakleaf Dr, Spartanburg, SC, 29301 generates $1,456/mo in rent and, after a $856/mo payment, leaves $415/mo in cash flow. Total monthly income is $1,456/mo, and annual cash flow is $4,980/yr on $57,946 invested. Return on cash invested sits at 28.5% in year one, and rental yield is 10% on a $174,800 entry. Equity gained on principal adds $1,128/yr, while 5% annual appreciation builds toward $48,294 over five years. Five-year ROI reaches 148.61% and total cumulative return in cash sums $86,116. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,456/mo property income rather than buyer’s personal income.
Single Family
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29301, Spartanburg, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,504 (100%) |
| Owner Occupied HU | 8,872 (50.7%) |
| Renter Occupied HU | 6,857 (39.2%) |
| Vacant Housing Units | 1,775 (10.1%) |
| Median Home Value | $234,576 |
| Average Home Value | $271,423 |
Housing Distribution
Address Breakdown
Residential
15,828
Single Family
13,183
Multi-Family
2,645
Businesses
1,336
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Listed by: Tudi Holmes • Tudi Holmes Realty
Mls Name: Greater Greenville AOR
Mls ID: #1573190