4614 Old Spartanburg Rd APT 23TaylorsSC29687
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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 Taylors at 4614 Old Spartanburg Rd APT 23, Taylors, SC, 29687 listed at $210,000 pairs $1,598/mo rent with a $1,028/mo payment to leave $348/mo cash flow. Total monthly income runs $1,598/mo, and annual cash flow reaches $4,173/yr on $69,615 cash to close. Return on cash invested measures 25.9% in year one, and rental yield registers 9.13% at a $210,000 basis. Equity gained on principal adds $1,355/yr, and annual property appreciation at 5% supports $58,019 by year five. Five-year ROI tracks 134.7% and total cumulative return in cash totals $93,772. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,598/mo property income relative to a $1,028/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1984
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29687, Taylors, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,036 (100%) |
| Owner Occupied HU | 14,524 (72.5%) |
| Renter Occupied HU | 4,476 (22.3%) |
| Vacant Housing Units | 1,036 ( 5.2%) |
| Median Home Value | $302,093 |
| Average Home Value | $356,250 |
Housing Distribution
Address Breakdown
Residential
19,159
Single Family
17,413
Multi-Family
1,746
Businesses
1,059
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Listed by: Craig Nash • EXP Realty LLC
Mls Name: Greater Greenville AOR
Mls ID: #1562010