3 Chadbourne LnSimpsonvilleSC29681
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 Simpsonville at 3 Chadbourne Ln, Simpsonville, SC, 29681 priced at $655,000 pairs $3,232/mo rent with after a $3,206/mo payment. Total monthly income equals $3,232/mo. Return on cash invested is 16.34% in year one, and rental yield stands at 5.92% on a $655,000 basis. Equity gained on principal adds $4,227/yr, and 5% annual appreciation accumulates to $180,964 by year five. Five-year ROI measures 83.38% and total cumulative return in cash reaches $179,675. For financing, Ziffy Mortgage’s DSCR program evaluates $3,232/mo property income against a $3,206/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2002
0.36 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Melissa Morrell • BHHS C Dan Joyner - Midtown
Mls Name: Greater Greenville AOR
Mls ID: #1567848