260 Mayapple DrSpringfieldSC29146
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 Springfield at 260 Mayapple Dr, Springfield, SC, 29146 with 5% annual appreciation on a $298,500 basis while $2,716/mo rent supports operations. Total monthly income totals $2,716/mo and a $1,461/mo payment preserves $869/mo for cash returns. Annual cash flow comes to $10,430/yr on $98,953 deployed, and return on cash invested reaches 30.45% in year one. Equity gained on principal adds $1,926/yr, and five-year appreciation sums $82,470 alongside rental yield of 10.92%. Five-year ROI measures 159.39% and total cumulative return in cash totals $157,725.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,716/mo property income versus a $1,461/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1998
3 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29146, Springfield, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 723 (100%) |
| Owner Occupied HU | 471 (65.1%) |
| Renter Occupied HU | 114 (15.8%) |
| Vacant Housing Units | 138 (19.1%) |
| Median Home Value | $123,790 |
| Average Home Value | $185,096 |
Housing Distribution
Address Breakdown
Residential
540
Single Family
540
Multi-Family
0
Businesses
33
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Nearby investment properties with comparable prices
Listed by: Lisa Killion • Fabulous Aiken Homes LLC
Mls Name: Aiken MLS
Mls Provider:
Mls ID: #213114
Disclaimer: Copyright Aiken Association of Realtors and MLS. All rights reserved. Information is deemed reliable but not guaranteed.