12 Glenbow CtSimpsonvilleSC29680
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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
Rental property for sale in Simpsonville at 12 Glenbow Ct, Simpsonville, SC, 29680 priced at $470,000 converts $3,110/mo rent into $313/mo cash flow after a $2,300/mo obligation. Total monthly income equals $3,110/mo, and annual cash flow totals $3,751/yr on $155,805 invested. Return on cash invested prints 22.32% in year one, and rental yield reads 7.94% against a $470,000 entry. Equity gained on principal adds $3,033/yr, while 5% annual appreciation compiles into $129,852 by year five. Five-year ROI reaches 115.45% and total cumulative return in cash sums $179,877. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,110/mo property income covering a $2,300/mo payment, not borrower’s personal income.
Single Family
Built in 2017
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29680, Simpsonville, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,688 (100%) |
| Owner Occupied HU | 11,639 (74.2%) |
| Renter Occupied HU | 3,411 (21.7%) |
| Vacant Housing Units | 638 ( 4.1%) |
| Median Home Value | $337,572 |
| Average Home Value | $368,365 |
Housing Distribution
Address Breakdown
Residential
16,044
Single Family
13,628
Multi-Family
2,416
Businesses
606
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Listed by: Esther Phillips • Bluefield Realty Group
Mls Name: Greater Greenville AOR
Mls ID: #1573670