28483P Plan, City ViewSpartanburgSC29306
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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 Spartanburg at 28483P Plan, City View, Spartanburg, SC, 29306 earns from $915/mo rent with a $568/mo payment. Total monthly income totals $915/mo. ROI tracks 12.08% on current figures, and rental yield reads 9.47% at a $115,995 purchase. Equity gained on principal adds $749/yr, and 5% annual appreciation supports $32,047 over five years. Five-year ROI reaches 66.03% and total cumulative return in cash sums $25,390. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $915/mo property income instead of your personal income.
Single Family
Built in 2025
N/A lot
$N/A/sqft
$475 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29306, Spartanburg, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,727 (100%) |
| Owner Occupied HU | 3,307 (42.8%) |
| Renter Occupied HU | 3,746 (48.5%) |
| Vacant Housing Units | 674 ( 8.7%) |
| Median Home Value | $203,978 |
| Average Home Value | $261,168 |
Housing Distribution
Address Breakdown
Residential
7,528
Single Family
6,200
Multi-Family
1,328
Businesses
695
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Listed by: N/A • Morning View Communities
Mls Name: Morning View Communities
Mls ID: #N/A