114 Gilderview DrSimpsonvilleSC29681
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
Rental property for sale in Simpsonville at 114 Gilderview Dr, Simpsonville, SC, 29681 priced at $849,900 converts $3,723/mo rent into after a $4,160/mo obligation. Total monthly income equals $3,723/mo. Return on cash invested prints 14.32% in year one, and rental yield reads 5.26% against a $849,900 entry. Equity gained on principal adds $5,484/yr, while 5% annual appreciation compiles into $234,812 by year five. Five-year ROI reaches 72.55% and total cumulative return in cash sums $202,862. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,723/mo property income covering a $4,160/mo payment, not borrower’s personal income.
Single Family
Built in 1992
0.36 Acres 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: Jennifer Wilson • Coldwell Banker Caine/Williams
Mls Name: Greater Greenville AOR
Mls ID: #1573993