2336 Mill Loop LOT 57SpartanburgSC29320
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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 Spartanburg at 2336 Mill Loop LOT 57, Spartanburg, SC, 29320 offers a 6.27% rental yield on a $318,000 purchase with $1,662/mo rent. 28% in year one. Equity gained on principal adds $2,052/yr while 5% annual appreciation supports $87,858 over five years. Portfolio math shows five-year ROI at 88.47% and total cumulative return in cash at $93,263. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,662/mo property income against a $1,556/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2025
5,227 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29320, Arcadia, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 147 (100%) |
| Owner Occupied HU | 62 (42.2%) |
| Renter Occupied HU | 73 (49.7%) |
| Vacant Housing Units | 12 ( 8.2%) |
| Median Home Value | $101,389 |
| Average Home Value | $96,089 |
Housing Distribution
Address Breakdown
Residential
3
Single Family
3
Multi-Family
0
Businesses
24
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Listed by: Chase Reeves • Mungo Homes Properties, LLC
Mls Name: Greater Greenville AOR
Mls ID: #1575742