2 Turnstone CtSimpsonvilleSC29680
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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 Simpsonville at 2 Turnstone Ct, Simpsonville, SC, 29680 with 5% annual appreciation on a $270,000 basis while $1,791/mo rent supports operations. Total monthly income totals $1,791/mo and a $1,322/mo payment preserves $183/mo for cash returns. Annual cash flow comes to $2,199/yr on $89,505 deployed, and return on cash invested reaches 22.37% in year one. Equity gained on principal adds $1,742/yr, and five-year appreciation sums $74,596 alongside rental yield of 7.96%. Five-year ROI measures 115.76% and total cumulative return in cash totals $103,609.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,791/mo property income versus a $1,322/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in N/A
0.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29680, Simpsonville, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,688 (100%) |
| Owner Occupied HU | 11,639 (74.2%) |
| Renter Occupied HU | 3,411 (21.7%) |
| Vacant Housing Units | 638 ( 4.1%) |
| Median Home Value | $337,572 |
| Average Home Value | $368,365 |
Housing Distribution
Address Breakdown
Residential
16,044
Single Family
13,628
Multi-Family
2,416
Businesses
606
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Listed by: Thomas Shoupe • Opendoor Brokerage
Mls Name: Greater Greenville AOR
Mls Provider:
Mls ID: #1555576
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.