1406 Almaden StBoiling SpringsSC29316
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 Boiling Springs at 1406 Almaden St, Boiling Springs, SC, 29316 at $325,000 posts ROI 25.95% with $542/mo cash flow from $2,477/mo rent. Total monthly income equals $2,477/mo, and annual cash flow records $6,505/yr on $107,738 to close. Return on cash invested measures 25.95% and rental yield reads 9.15% at the current $325,000. Equity gained on principal adds $2,097/yr, and 5% annual appreciation supports $89,792 by year five. Five-year ROI prints 134.94% and total cumulative return in cash totals $145,381.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,477/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in N/A
6,098 sqft lot
$N/A/sqft
No 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: Jonathan Anderson • Akers and Associates
Mls Name: Greater Greenville AOR
Mls Provider:
Mls ID: #1557229
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.