134 Cloverfield Ln HOMESITE 5SpartanburgSC29303
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 134 Cloverfield Ln HOMESITE 5, Spartanburg, SC, 29303 listed at $204,000 pairs $1,494/mo rent with a $998/mo payment to leave $280/mo cash flow. Total monthly income runs $1,494/mo, and annual cash flow reaches $3,361/yr on $67,626 cash to close. Return on cash invested measures 24.88% in year one, and rental yield registers 8.79% at a $204,000 basis. Equity gained on principal adds $1,316/yr, and annual property appreciation at 5% supports $56,361 by year five. Five-year ROI tracks 129.22% and total cumulative return in cash totals $87,388. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,494/mo property income relative to a $998/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2026
4,356 sqft lot
$N/A/sqft
No 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Tim Keaton • Mungo Homes Properties, LLC
Mls Name: Greater Greenville AOR
Mls ID: #1578648