208 Bruce Meadow RdSimpsonvilleSC29681
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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 208 Bruce Meadow Rd, Simpsonville, SC, 29681 priced at $1,199,681 pairs $3,104/mo rent with after a $5,872/mo payment. Total monthly income equals $3,104/mo. Return on cash invested is 7.9% in year one, and rental yield stands at 3.1% on a $1,199,681 basis. Equity gained on principal adds $7,741/yr, and 5% annual appreciation accumulates to $331,450 by year five. Five-year ROI measures 38.06% and total cumulative return in cash reaches $147,931. For financing, Ziffy Mortgage’s DSCR program evaluates $3,104/mo property income against a $5,872/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1992
4.90 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29681, Simpsonville, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 25,732 (100%) |
| Owner Occupied HU | 21,349 (83.0%) |
| Renter Occupied HU | 3,417 (13.3%) |
| Vacant Housing Units | 966 ( 3.8%) |
| Median Home Value | $378,229 |
| Average Home Value | $419,357 |
Housing Distribution
Address Breakdown
Residential
25,817
Single Family
24,074
Multi-Family
1,743
Businesses
1,206
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Listed by: Dixie Dulin • Herlong Sotheby's International Realty
Mls Name: Greater Greenville AOR
Mls ID: #1568395