431 Carrington DrBoiling SpringsSC29316
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 Boiling Springs at 431 Carrington Dr, Boiling Springs, SC, 29316 at $459,900 posts ROI 19.86% with from $2,748/mo rent. Total monthly income equals $2,748/mo. Return on cash invested measures 19.86% and rental yield reads 7.17% at the current $459,900. Equity gained on principal adds $2,968/yr, and 5% annual appreciation supports $127,062 by year five. Five-year ROI prints 102.31% and total cumulative return in cash totals $155,982. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,748/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2001
0.73 Acres lot
$N/A/sqft
$200 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29316, Spartanburg, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,048 (100%) |
| Owner Occupied HU | 9,590 (73.5%) |
| Renter Occupied HU | 2,897 (22.2%) |
| Vacant Housing Units | 561 ( 4.3%) |
| Median Home Value | $253,865 |
| Average Home Value | $283,497 |
Housing Distribution
Address Breakdown
Residential
13,994
Single Family
13,201
Multi-Family
793
Businesses
802
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Stacey Atkinson • Alliance Real Estate
Mls Name: SAR
Mls Provider:
Mls ID: #324672
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.