301 Blant CtSimpsonvilleSC29681
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 301 Blant Ct, Simpsonville, SC, 29681 priced at $375,000 converts $2,674/mo rent into $442/mo cash flow after a $1,835/mo obligation. Total monthly income equals $2,674/mo, and annual cash flow totals $5,306/yr on $124,313 invested. Return on cash invested prints 24.18% in year one, and rental yield reads 8.56% against a $375,000 entry. Equity gained on principal adds $2,420/yr, while 5% annual appreciation compiles into $103,606 by year five. Five-year ROI reaches 125.44% and total cumulative return in cash sums $155,943. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,674/mo property income covering a $1,835/mo payment, not borrower’s personal income.
Single Family
Built in 2005
7,840 sqft 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: Bobby Brooks • Weichert Realty-Shaun & Shari
Mls Name: Greater Greenville AOR
Mls ID: #1570435