149 Davis DrSpartanburgSC29303
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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
Investment property for sale in Spartanburg at 149 Davis Dr, Spartanburg, SC, 29303 at $242,990 posts ROI 25.18% with $354/mo cash flow from $1,800/mo rent. Total monthly income equals $1,800/mo, and annual cash flow records $4,246/yr on $80,551 to close. Return on cash invested measures 25.18% and rental yield reads 8.89% at the current $242,990. Equity gained on principal adds $1,568/yr, and 5% annual appreciation supports $67,134 by year five. Five-year ROI prints 130.81% and total cumulative return in cash totals $105,365.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,800/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2026
4,791 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: Julie Mercer • WJH LLC
Mls Name: SAR
Mls ID: #332626