203 Great Oaks WaySimpsonvilleSC29680
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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 Simpsonville at 203 Great Oaks Way, Simpsonville, SC, 29680 offers $2,171/mo rent that, after a $1,273/mo payment, leaves $623/mo cash flow. Total monthly income is $2,171/mo, and annual cash flow is $7,474/yr on $86,190 cash. Return on cash invested measures 28.58% in year one, and rental yield stands at 10.02% at a $260,000 entry. Equity gained on principal adds $1,678/yr while 5% annual appreciation compounds into $71,833 by year five. Five-year ROI records 149.04% and total cumulative return in cash reaches $128,453. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,171/mo property income versus a $1,273/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1996
8,712 sqft 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: Josephine Olson • Keller Williams Greenville Central
Mls Name: Greater Greenville AOR
Mls ID: #1565620