1458 Dover Rd APT FSpartanburgSC29301
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 1458 Dover Rd APT F, Spartanburg, SC, 29301 uses $36,962 cash to close to unlock $6,684/yr annual cash flow and $557/mo monthly cash flow. Total monthly income runs $1,221/mo, and a $546/mo payment keeps the spread at $557/mo. Purchase price stands at $111,500, and rental yield measures 13.14% with $1,221/mo rent. Return on cash invested shows 37.99% in year one, and 5% annual appreciation builds toward $30,805 over five years. Five-year ROI reaches 199.51% and total cumulative return in cash records $73,742. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,221/mo property income covering a $546/mo payment rather than investor’s personal income.
Apartment
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29301, Spartanburg, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,504 (100%) |
| Owner Occupied HU | 8,872 (50.7%) |
| Renter Occupied HU | 6,857 (39.2%) |
| Vacant Housing Units | 1,775 (10.1%) |
| Median Home Value | $234,576 |
| Average Home Value | $271,423 |
Housing Distribution
Address Breakdown
Residential
15,828
Single Family
13,183
Multi-Family
2,645
Businesses
1,336
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: Zillow Rentals
Mls ID: #N/A