1115 White Willow DrSpartanburgSC29303
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 Spartanburg at 1115 White Willow Dr, Spartanburg, SC, 29303 offers a 7.53% rental yield on a $351,790 purchase with $2,208/mo rent. Total monthly income registers $2,208/mo, and a $1,722/mo payment leaves $114/mo available for distribution. Annual cash flow reaches $1,364/yr on $116,618 to close, and return on cash invested stands at 21.08% in year one. Equity gained on principal adds $2,270/yr while 5% annual appreciation supports $97,193 over five years. Portfolio math shows five-year ROI at 108.81% and total cumulative return in cash at $126,888. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,208/mo property income against a $1,722/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2025
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29303, Spartanburg, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,934 (100%) |
| Owner Occupied HU | 5,515 (46.2%) |
| Renter Occupied HU | 4,926 (41.3%) |
| Vacant Housing Units | 1,493 (12.5%) |
| Median Home Value | $174,936 |
| Average Home Value | $223,304 |
Housing Distribution
Address Breakdown
Residential
10,568
Single Family
8,920
Multi-Family
1,648
Businesses
1,197
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Online Concierge Team • D.R. Horton
Mls Name: DR Horton
Mls Provider:
Mls ID: #N/A