3106 Bethel RdSimpsonvilleSC29681
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
Total monthly income runs $1,378/mo, and a $1,003/mo payment. Purchase price stands at $204,900, and rental yield measures 8.07% with $1,378/mo rent. Return on cash invested shows 13.8% in year one, and 5% annual appreciation builds toward $56,610 over five years. Five-year ROI reaches 73.05% and total cumulative return in cash records $49,618. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,378/mo property income covering a $1,003/mo payment rather than investor’s personal income.
Condo
Built in 1975
3,484 sqft lot
$N/A/sqft
$460 monthly 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: Preston Inglee • Century 21 Blackwell & Co
Mls Name: SAR
Mls Provider:
Mls ID: #318611
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.