445 Pangel LnSpartanburgSC29334
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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 Spartanburg at 445 Pangel Ln, Spartanburg, SC, 29334 generates $1,966/mo in rent and, after a $1,003/mo payment, leaves $746/mo in cash flow. Total monthly income is $1,966/mo, and annual cash flow is $8,953/yr on $67,958 invested. Return on cash invested sits at 33.08% in year one, and rental yield is 11.51% on a $205,000 entry. Equity gained on principal adds $1,323/yr, while 5% annual appreciation builds toward $56,638 over five years. Five-year ROI reaches 173.25% and total cumulative return in cash sums $117,738. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,966/mo property income rather than buyer’s personal income.
Townhouse
Built in 2018
1,742 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29334, Duncan, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,399 (100%) |
| Owner Occupied HU | 5,090 (68.8%) |
| Renter Occupied HU | 1,843 (24.9%) |
| Vacant Housing Units | 466 ( 6.3%) |
| Median Home Value | $292,824 |
| Average Home Value | $298,164 |
Housing Distribution
Address Breakdown
Residential
7,955
Single Family
6,556
Multi-Family
1,399
Businesses
617
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Listed by: Haley Reynolds • Flagship SC Properties, LLC
Mls Name: Greater Greenville AOR
Mls ID: #1571145