268 Chapel Hill LnSimpsonvilleSC29681
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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
Rental property for sale in Simpsonville at 268 Chapel Hill Ln, Simpsonville, SC, 29681 priced at $485,681 pairs $3,221/mo rent with $330/mo cash flow after a $2,377/mo payment. Total monthly income equals $3,221/mo, and annual cash flow comes to $3,960/yr on $161,003 invested. Return on cash invested is 22.37% in year one, and rental yield stands at 7.96% on a $485,681 basis. Equity gained on principal adds $3,134/yr, and 5% annual appreciation accumulates to $134,185 by year five. Five-year ROI measures 115.7% and total cumulative return in cash reaches $186,288. For financing, Ziffy Mortgage’s DSCR program evaluates $3,221/mo property income against a $2,377/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2015
0.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29681, Simpsonville, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 25,732 (100%) |
| Owner Occupied HU | 21,349 (83.0%) |
| Renter Occupied HU | 3,417 (13.3%) |
| Vacant Housing Units | 966 ( 3.8%) |
| Median Home Value | $378,229 |
| Average Home Value | $419,357 |
Housing Distribution
Address Breakdown
Residential
25,817
Single Family
24,074
Multi-Family
1,743
Businesses
1,206
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Listed by: Kristin Ray • Herlong Sotheby's International Realty
Mls Name: Greater Greenville AOR
Mls ID: #1574205