1536 Shallons CtSpartanburgSC29301
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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 1536 Shallons Ct, Spartanburg, SC, 29301 earns $545/mo cash flow from $2,563/mo rent with a $1,659/mo payment. Total monthly income totals $2,563/mo, and annual cash flow totals $6,543/yr on $112,379 capital. ROI tracks 25.73% on current figures, and rental yield reads 9.07% at a $339,000 purchase. Equity gained on principal adds $2,188/yr, and 5% annual appreciation supports $93,659 over five years. Five-year ROI reaches 133.79% and total cumulative return in cash sums $150,352. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,563/mo property income instead of your personal income.
Townhouse
Built in 2023
5,227 sqft 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
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Listed by: Preston Inglee • Century 21 Blackwell & Co - Boiling Springs
Mls Name: WUMLS
Mls ID: #20294838