209 Tea Olive PlSimpsonvilleSC29680
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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
Total monthly income runs $3,744/mo, and a $3,132/mo payment. Purchase price stands at $639,900, and rental yield measures 7.02% with $3,744/mo rent. Return on cash invested shows 19.69% in year one, and 5% annual appreciation builds toward $176,793 over five years. Five-year ROI reaches 101.31% and total cumulative return in cash records $213,287. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,744/mo property income covering a $3,132/mo payment rather than investor’s personal income.
Single Family
Built in 2013
0.57 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: Cameron Keegan • RE/MAX Moves Simpsonville
Mls Name: Greater Greenville AOR
Mls ID: #1579106