316 Woodruff Park LnSimpsonvilleSC29681
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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 316 Woodruff Park Ln, Simpsonville, SC, 29681 offers $1,724/mo rent that, after a $1,118/mo payment, leaves $154/mo cash flow. Total monthly income is $1,724/mo, and annual cash flow is $1,846/yr on $75,748 cash. Return on cash invested measures 22.35% in year one, and rental yield stands at 9.05% at a $228,500 entry. Equity gained on principal adds $1,474/yr while 5% annual appreciation compounds into $63,130 by year five. Five-year ROI records 116.79% and total cumulative return in cash reaches $88,468. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,724/mo property income versus a $1,118/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Townhouse
Built in 1999
0.42 Acres lot
$N/A/sqft
$125 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
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Listed by: Susan Dodds • BHHS C DAN JOYNER, REALTORS-COMMERCIAL
Mls Name: SAR
Mls Provider:
Mls ID: #321361
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.