513 Garrison RdSimpsonvilleSC29681
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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 Simpsonville at 513 Garrison Rd, Simpsonville, SC, 29681 priced at $374,900 pairs $2,380/mo rent with $148/mo cash flow after a $1,835/mo payment. Total monthly income equals $2,380/mo, and annual cash flow comes to $1,779/yr on $124,279 invested. Return on cash invested is 21.34% in year one, and rental yield stands at 7.62% on a $374,900 basis. Equity gained on principal adds $2,419/yr, and 5% annual appreciation accumulates to $103,578 by year five. Five-year ROI measures 110.24% and total cumulative return in cash reaches $136,999. For financing, Ziffy Mortgage’s DSCR program evaluates $2,380/mo property income against a $1,835/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in N/A
1.60 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29681, Simpsonville, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 25,732 (100%) |
| Owner Occupied HU | 21,349 (83.0%) |
| Renter Occupied HU | 3,417 (13.3%) |
| Vacant Housing Units | 966 ( 3.8%) |
| Median Home Value | $378,229 |
| Average Home Value | $419,357 |
Housing Distribution
Address Breakdown
Residential
25,817
Single Family
24,074
Multi-Family
1,743
Businesses
1,206
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Listed by: Deborah Simpson • Simpson Land and Home
Mls Name: Greater Greenville AOR
Mls ID: #1579848