245 Apple Branch LnBoiling SpringsSC29316
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
Investment property for sale in Boiling Springs at 245 Apple Branch Ln, Boiling Springs, SC, 29316 at $332,900 posts ROI 21.38% with $136/mo cash flow from $2,237/mo rent. Total monthly income equals $2,237/mo, and annual cash flow records $1,628/yr on $110,356 to close. Return on cash invested measures 21.38% and rental yield reads 8.06% at the current $332,900. Equity gained on principal adds $2,148/yr, and 5% annual appreciation supports $91,974 by year five. Five-year ROI prints 110.91% and total cumulative return in cash totals $122,397.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,237/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2003
8,712 sqft lot
$N/A/sqft
$120 monthly 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Mitzi Kirsch • Century 21 Blackwell & Co
Mls Name: SAR
Mls Provider:
Mls ID: #322175
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.