229 Sandusky LnSimpsonvilleSC29680
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 229 Sandusky Ln, Simpsonville, SC, 29680 generates $2,887/mo in rent and, after a $1,760/mo payment, leaves $746/mo in cash flow. Total monthly income is $2,887/mo, and annual cash flow is $8,956/yr on $119,234 invested. Return on cash invested sits at 27.42% in year one, and rental yield is 9.63% on a $359,680 entry. Equity gained on principal adds $2,321/yr, while 5% annual appreciation builds toward $99,373 over five years. Five-year ROI reaches 142.84% and total cumulative return in cash sums $170,309. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,887/mo property income rather than buyer’s personal income.
Single Family
Built in 2016
6,969 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Aleena Wise • Herlong Sotheby's International
Mls Name: WUMLS
Mls ID: #20294243