1118 White Willow DrSpartanburgSC29303
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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 1118 White Willow Dr, Spartanburg, SC, 29303 priced at $328,990 converts $1,800/mo rent into after a $1,610/mo obligation. Total monthly income equals $1,800/mo. Return on cash invested prints 18.17% in year one, and rental yield reads 6.57% against a $328,990 entry. Equity gained on principal adds $2,123/yr, while 5% annual appreciation compiles into $90,894 by year five. Five-year ROI reaches 93.2% and total cumulative return in cash sums $101,646. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,800/mo property income covering a $1,610/mo payment, not borrower’s personal income.
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
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Listed by: Online Concierge Team • D.R. Horton
Mls Name: DR Horton
Mls Provider:
Mls ID: #N/A