117 Valley Creek DrBoiling SpringsSC29316
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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 Boiling Springs at 117 Valley Creek Dr, Boiling Springs, SC, 29316 at $225,000 posts ROI 28.22% with $517/mo cash flow from $2,006/mo rent. Total monthly income equals $2,006/mo, and annual cash flow records $6,203/yr on $74,588 to close. Return on cash invested measures 28.22% and rental yield reads 10.7% at the current $225,000. Equity gained on principal adds $1,452/yr, and 5% annual appreciation supports $62,163 by year five. Five-year ROI prints 147.99% and total cumulative return in cash totals $110,385.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,006/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Townhouse
Built in 2019
3,049 sqft lot
$N/A/sqft
$150 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29316, Spartanburg, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,048 (100%) |
| Owner Occupied HU | 9,590 (73.5%) |
| Renter Occupied HU | 2,897 (22.2%) |
| Vacant Housing Units | 561 ( 4.3%) |
| Median Home Value | $253,865 |
| Average Home Value | $283,497 |
Housing Distribution
Address Breakdown
Residential
13,994
Single Family
13,201
Multi-Family
793
Businesses
802
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Listed by: Micky Montgomery • MONTGOMERY REALTY GROUP, LLC
Mls Name: SAR
Mls Provider:
Mls ID: #318943
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.