3210 Bethel Rd UNIT 3SimpsonvilleSC29681
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
Investment property for sale in Simpsonville at 3210 Bethel Rd UNIT 3, Simpsonville, SC, 29681 uses $63,814 cash to close to unlock $8,655/yr annual cash flow and $721/mo monthly cash flow. Total monthly income runs $1,867/mo, and a $942/mo payment keeps the spread at $721/mo. Purchase price stands at $192,500, and rental yield measures 11.64% with $1,867/mo rent. Return on cash invested shows 33.47% in year one, and 5% annual appreciation builds toward $53,184 over five years. Five-year ROI reaches 175.31% and total cumulative return in cash records $111,869. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,867/mo property income covering a $942/mo payment rather than investor’s personal income.
Condo
Built in N/A
N/A 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: Pamela Borghesani • Bluefield Realty Group
Mls Name: Greater Greenville AOR
Mls ID: #1578102