112 Milo RdSpartanburgSC29302
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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 Spartanburg at 112 Milo Rd, Spartanburg, SC, 29302 earns $777/mo cash flow from $2,312/mo rent with a $1,262/mo payment. Total monthly income totals $2,312/mo, and annual cash flow totals $9,325/yr on $85,494 capital. ROI tracks 30.82% on current figures, and rental yield reads 10.76% at a $257,900 purchase. Equity gained on principal adds $1,664/yr, and 5% annual appreciation supports $71,253 over five years. Five-year ROI reaches 161.07% and total cumulative return in cash sums $137,706. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,312/mo property income instead of your personal income.
Single Family
Built in 2025
8,276 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29302, Spartanburg, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,226 (100%) |
| Owner Occupied HU | 5,544 (67.4%) |
| Renter Occupied HU | 2,067 (25.1%) |
| Vacant Housing Units | 615 ( 7.5%) |
| Median Home Value | $288,433 |
| Average Home Value | $345,926 |
Housing Distribution
Address Breakdown
Residential
8,115
Single Family
7,309
Multi-Family
806
Businesses
716
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Listed by: Kelly Jo Hard • MTH SC Realty, LLC
Mls Name: Greater Greenville AOR
Mls ID: #1574312