172 Bennett Dairy RdSpartanburgSC29307
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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 172 Bennett Dairy Rd, Spartanburg, SC, 29307 priced at $227,500 pairs $1,813/mo rent with $440/mo cash flow after a $1,114/mo payment. Total monthly income equals $1,813/mo, and annual cash flow comes to $5,284/yr on $75,416 invested. Return on cash invested is 26.92% in year one, and rental yield stands at 9.56% on a $227,500 basis. Equity gained on principal adds $1,468/yr, and 5% annual appreciation accumulates to $62,854 by year five. Five-year ROI measures 140.23% and total cumulative return in cash reaches $105,758. For financing, Ziffy Mortgage’s DSCR program evaluates $1,813/mo property income against a $1,114/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2020
8,276 sqft lot
$N/A/sqft
$165 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29307, Spartanburg, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,587 (100%) |
| Owner Occupied HU | 6,371 (60.2%) |
| Renter Occupied HU | 3,144 (29.7%) |
| Vacant Housing Units | 1,072 (10.1%) |
| Median Home Value | $265,403 |
| Average Home Value | $314,697 |
Housing Distribution
Address Breakdown
Residential
9,568
Single Family
8,052
Multi-Family
1,516
Businesses
510
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Listed by: Pamela Gilliam • Belle Realty and Associates
Mls Name: SAR
Mls Provider:
Mls ID: #313741
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.