303 S Sandy Brook WaySimpsonvilleSC29680
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 303 S Sandy Brook Way, Simpsonville, SC, 29680 priced at $269,900 converts $2,189/mo rent into $582/mo cash flow after a $1,321/mo obligation. Total monthly income equals $2,189/mo, and annual cash flow totals $6,988/yr on $89,472 invested. Return on cash invested prints 27.72% in year one, and rental yield reads 9.73% against a $269,900 entry. Equity gained on principal adds $1,742/yr, while 5% annual appreciation compiles into $74,568 by year five. Five-year ROI reaches 144.45% and total cumulative return in cash sums $129,246. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,189/mo property income covering a $1,321/mo payment, not borrower’s personal income.
Single Family
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29680, Simpsonville, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,688 (100%) |
| Owner Occupied HU | 11,639 (74.2%) |
| Renter Occupied HU | 3,411 (21.7%) |
| Vacant Housing Units | 638 ( 4.1%) |
| Median Home Value | $337,572 |
| Average Home Value | $368,365 |
Housing Distribution
Address Breakdown
Residential
16,044
Single Family
13,628
Multi-Family
2,416
Businesses
606
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Manie Kent • Aspire Realty Group
Mls Name: Greater Greenville AOR
Mls ID: #1578205