225 Watersedge DrBoiling SpringsSC29316
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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 Boiling Springs at 225 Watersedge Dr, Boiling Springs, SC, 29316 at $635,000 posts ROI 16.15% with from $3,156/mo rent. Total monthly income equals $3,156/mo. Return on cash invested measures 16.15% and rental yield reads 5.96% at the current $635,000. Equity gained on principal adds $4,098/yr, and 5% annual appreciation supports $175,439 by year five. Five-year ROI prints 82.47% and total cumulative return in cash totals $172,292. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,156/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2001
0.62 Acres lot
$N/A/sqft
$675 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29316, Spartanburg, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,048 (100%) |
| Owner Occupied HU | 9,590 (73.5%) |
| Renter Occupied HU | 2,897 (22.2%) |
| Vacant Housing Units | 561 ( 4.3%) |
| Median Home Value | $253,865 |
| Average Home Value | $283,497 |
Housing Distribution
Address Breakdown
Residential
13,994
Single Family
13,201
Multi-Family
793
Businesses
802
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Listed by: Charles Manley • Epique Realty
Mls Name: Consolidated MLS
Mls Provider:
Mls ID: #609398
Disclaimer: IDX listing data provided courtesy of Consolidated MLS - Columbia, SC