156 Hunter Ridge DrBoiling SpringsSC29316
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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 Boiling Springs at 156 Hunter Ridge Dr, Boiling Springs, SC, 29316 priced at $339,900 pairs $2,377/mo rent with $305/mo cash flow after a $1,664/mo payment. Total monthly income equals $2,377/mo, and annual cash flow comes to $3,664/yr on $112,677 invested. Return on cash invested is 23.16% in year one, and rental yield stands at 8.39% on a $339,900 basis. Equity gained on principal adds $2,193/yr, and 5% annual appreciation accumulates to $93,908 by year five. Five-year ROI measures 120.17% and total cumulative return in cash reaches $135,407. For financing, Ziffy Mortgage’s DSCR program evaluates $2,377/mo property income against a $1,664/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2025
0.33 Acres lot
$N/A/sqft
$575 annually 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: Jason J Belanger • Coldwell Banker Caine Real Est
Mls Name: SAR
Mls Provider:
Mls ID: #330587
Disclaimer: Based on information submitted to the MLS GRID as of 2025-12-17 06:07:28 PST. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. [Click here for more information](/mls-disclaimers/#329)