39 Santee CtSimpsonvilleSC29680
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 39 Santee Ct, Simpsonville, SC, 29680 offers $3,031/mo rent that, after a $2,325/mo payment, leaves $135/mo cash flow. Total monthly income is $3,031/mo, and annual cash flow is $1,616/yr on $157,463 cash. Return on cash invested measures 20.94% in year one, and rental yield stands at 7.66% at a $475,000 entry. Equity gained on principal adds $3,065/yr while 5% annual appreciation compounds into $131,234 by year five. Five-year ROI records 108.23% and total cumulative return in cash reaches $170,419. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,031/mo property income versus a $2,325/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2007
0.44 Acres lot
$N/A/sqft
$600 annually 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: Anne-Marie Miller • Weichert Realtors-Shaun & Shari Group
Mls Name: SAR
Mls Provider:
Mls ID: #321525
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.