476 Stewart RdSpartanburgSC29306
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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 Spartanburg at 476 Stewart Rd, Spartanburg, SC, 29306 earns from $2,519/mo rent with a $2,738/mo payment. Total monthly income totals $2,519/mo. ROI tracks 14.77% on current figures, and rental yield reads 5.4% at a $559,500 purchase. Equity gained on principal adds $3,610/yr, and 5% annual appreciation supports $154,580 over five years. Five-year ROI reaches 74.95% and total cumulative return in cash sums $137,956. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,519/mo property income instead of your personal income.
Single Family
Built in 1973
21.02 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29306, Spartanburg, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,727 (100%) |
| Owner Occupied HU | 3,307 (42.8%) |
| Renter Occupied HU | 3,746 (48.5%) |
| Vacant Housing Units | 674 ( 8.7%) |
| Median Home Value | $203,978 |
| Average Home Value | $261,168 |
Housing Distribution
Address Breakdown
Residential
7,528
Single Family
6,200
Multi-Family
1,328
Businesses
695
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Listed by: N/A • N/A
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