225 Lovelace CtSimpsonvilleSC29681
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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 225 Lovelace Ct, Simpsonville, SC, 29681 earns from $3,576/mo rent with a $3,156/mo payment. Total monthly income totals $3,576/mo. ROI tracks 18.58% on current figures, and rental yield reads 6.65% at a $644,900 purchase. Equity gained on principal adds $4,161/yr, and 5% annual appreciation supports $178,174 over five years. Five-year ROI reaches 95.35% and total cumulative return in cash sums $202,316. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,576/mo property income instead of your personal income.
Single Family
Built in 2016
10,018 sqft 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: Betty Pearce • Joy Real Estate
Mls Name: Greater Greenville AOR
Mls Provider:
Mls ID: #1545788
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.