267 Dalmatian DrSpartanburgSC29307
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 267 Dalmatian Dr, Spartanburg, SC, 29307 priced at $266,700 converts $2,350/mo rent into $711/mo cash flow after a $1,305/mo obligation. Total monthly income equals $2,350/mo, and annual cash flow totals $8,529/yr on $88,411 invested. Return on cash invested prints 29.56% in year one, and rental yield reads 10.57% against a $266,700 entry. Equity gained on principal adds $1,721/yr, while 5% annual appreciation compiles into $73,684 by year five. Five-year ROI reaches 154.51% and total cumulative return in cash sums $136,605. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,350/mo property income covering a $1,305/mo payment, not borrower’s personal income.
Townhouse
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29307, Spartanburg, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,587 (100%) |
| Owner Occupied HU | 6,371 (60.2%) |
| Renter Occupied HU | 3,144 (29.7%) |
| Vacant Housing Units | 1,072 (10.1%) |
| Median Home Value | $265,403 |
| Average Home Value | $314,697 |
Housing Distribution
Address Breakdown
Residential
9,568
Single Family
8,052
Multi-Family
1,516
Businesses
510
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: Zillow Rentals
Mls ID: #N/A