4614 Old Spartanburg Rd UNIT 35TaylorsSC29687
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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 Taylors at 4614 Old Spartanburg Rd UNIT 35, Taylors, SC, 29687 generates $1,670/mo in rent and, after a $967/mo payment, leaves $494/mo in cash flow. Total monthly income is $1,670/mo, and annual cash flow is $5,928/yr on $65,471 invested. Return on cash invested sits at 28.96% in year one, and rental yield is 10.15% on a $197,499 entry. Equity gained on principal adds $1,274/yr, while 5% annual appreciation builds toward $54,565 over five years. Five-year ROI reaches 151.07% and total cumulative return in cash sums $98,907. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,670/mo property income rather than buyer’s personal income.
Condo
Built in 1984
704 sqft 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: Renia Trickett • Rosenfeld Realty Group
Mls Name: Greater Greenville AOR
Mls Provider:
Mls ID: #1569303
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.