119 Turnberry DrSpartanburgSC29306
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
Investment property for sale in Spartanburg at 119 Turnberry Dr, Spartanburg, SC, 29306 at $745,000 posts ROI 17.62% with from $4,140/mo rent. Total monthly income equals $4,140/mo. Return on cash invested measures 17.62% and rental yield reads 6.67% at the current $745,000. Equity gained on principal adds $4,807/yr, and 5% annual appreciation supports $205,830 by year five. Five-year ROI prints 90.56% and total cumulative return in cash totals $221,972. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $4,140/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1995
0.84 Acres lot
$N/A/sqft
$205 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29306, Spartanburg, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,727 (100%) |
| Owner Occupied HU | 3,307 (42.8%) |
| Renter Occupied HU | 3,746 (48.5%) |
| Vacant Housing Units | 674 ( 8.7%) |
| Median Home Value | $203,978 |
| Average Home Value | $261,168 |
Housing Distribution
Address Breakdown
Residential
7,528
Single Family
6,200
Multi-Family
1,328
Businesses
695
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Beth Beach • Coldwell Banker Caine Real Est
Mls Name: SAR
Mls Provider:
Mls ID: #321428
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.