141 Belle Flower CtSpartanburgSC29303
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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 Spartanburg at 141 Belle Flower Ct, Spartanburg, SC, 29303 offers $1,883/mo rent that, after a $994/mo payment, leaves $674/mo cash flow. Total monthly income is $1,883/mo, and annual cash flow is $8,090/yr on $67,295 cash. Return on cash invested measures 31.93% in year one, and rental yield stands at 11.13% at a $203,000 entry. Equity gained on principal adds $1,310/yr while 5% annual appreciation compounds into $56,085 by year five. Five-year ROI records 167.07% and total cumulative return in cash reaches $112,430. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,883/mo property income versus a $994/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1993
10,018 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
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Listed by: Prentiss Brewer • Century 21 Blackwell & Co
Mls Name: SAR
Mls Provider:
Mls ID: #324943
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.