301 Moorish CirSimpsonvilleSC29681
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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 301 Moorish Cir, Simpsonville, SC, 29681 generates $3,578/mo in rent and, after a $1,894/mo payment, leaves $1,274/mo in cash flow. Total monthly income is $3,578/mo, and annual cash flow is $15,293/yr on $128,287 invested. Return on cash invested sits at 31.83% in year one, and rental yield is 11.09% on a $386,990 entry. Equity gained on principal adds $2,497/yr, while 5% annual appreciation builds toward $106,918 over five years. Five-year ROI reaches 166.47% and total cumulative return in cash sums $213,563. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,578/mo property income rather than buyer’s personal income.
Single Family
Built in N/A
6,534 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
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Listed by: Chelsea Cathcart • DRB Group South Carolina, LLC
Mls Name: Greater Greenville AOR
Mls ID: #1570385