2444 W Croft CirSpartanburgSC29302
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 Spartanburg at 2444 W Croft Cir, Spartanburg, SC, 29302 priced at $146,000 pairs $1,106/mo rent with $236/mo cash flow after a $715/mo payment. Total monthly income equals $1,106/mo, and annual cash flow comes to $2,838/yr on $48,399 invested. Return on cash invested is 25.77% in year one, and rental yield stands at 9.09% on a $146,000 basis. Equity gained on principal adds $942/yr, and 5% annual appreciation accumulates to $40,337 by year five. Five-year ROI measures 134.03% and total cumulative return in cash reaches $64,870. For financing, Ziffy Mortgage’s DSCR program evaluates $1,106/mo property income against a $715/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1950
0.36 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29302, Spartanburg, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,226 (100%) |
| Owner Occupied HU | 5,544 (67.4%) |
| Renter Occupied HU | 2,067 (25.1%) |
| Vacant Housing Units | 615 ( 7.5%) |
| Median Home Value | $288,433 |
| Average Home Value | $345,926 |
Housing Distribution
Address Breakdown
Residential
8,115
Single Family
7,309
Multi-Family
806
Businesses
716
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Listed by: N/A • N/A
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