117 Leah 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
Investment property for sale in Spartanburg at 117 Leah Dr, Spartanburg, SC, 29303 with 5% annual appreciation on a $254,990 basis while $2,208/mo rent supports operations. Total monthly income totals $2,208/mo and a $1,248/mo payment preserves $655/mo for cash returns. Annual cash flow comes to $7,857/yr on $84,529 deployed, and return on cash invested reaches 29.2% in year one. Equity gained on principal adds $1,645/yr, and five-year appreciation sums $70,449 alongside rental yield of 10.39%. Five-year ROI measures 152.56% and total cumulative return in cash totals $128,957.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,208/mo property income versus a $1,248/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2025
4,791 sqft lot
$N/A/sqft
$425 annually 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: Julie Mercer • WJH LLC
Mls Name: SAR
Mls Provider:
Mls ID: #319738
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.