3420 E Croft CirSpartanburgSC29302
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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
Investment property for sale in Spartanburg at 3420 E Croft Cir, Spartanburg, SC, 29302 earns $230/mo cash flow from $2,135/mo rent with a $1,566/mo payment. Total monthly income totals $2,135/mo, and annual cash flow totals $2,764/yr on $106,080 capital. ROI tracks 22.51% on current figures, and rental yield reads 8.01% at a $319,999 purchase. Equity gained on principal adds $2,065/yr, and 5% annual appreciation supports $88,410 over five years. Five-year ROI reaches 116.53% and total cumulative return in cash sums $123,615. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,135/mo property income instead of your personal income.
Single Family
Built in 1983
0.90 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29302, Spartanburg, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,226 (100%) |
| Owner Occupied HU | 5,544 (67.4%) |
| Renter Occupied HU | 2,067 (25.1%) |
| Vacant Housing Units | 615 ( 7.5%) |
| Median Home Value | $288,433 |
| Average Home Value | $345,926 |
Housing Distribution
Address Breakdown
Residential
8,115
Single Family
7,309
Multi-Family
806
Businesses
716
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Listed by: Lauren Buckland • Coldwell Banker Caine
Mls Name: SAR
Mls ID: #329296