6 Twin Oaks CtSpartanburgSC29306
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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 6 Twin Oaks Ct, Spartanburg, SC, 29306 priced at $1,795,000 pairs $5,228/mo rent with after a $8,786/mo payment. Total monthly income equals $5,228/mo. Return on cash invested is 9.11% in year one, and rental yield stands at 3.5% on a $1,795,000 basis. Equity gained on principal adds $11,583/yr, and 5% annual appreciation accumulates to $495,925 by year five. Five-year ROI measures 44.51% and total cumulative return in cash reaches $258,865. For financing, Ziffy Mortgage’s DSCR program evaluates $5,228/mo property income against a $8,786/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1997
0.70 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: LEWIS WHITE • WHITE, W. LEWIS CO., INC.
Mls Name: SAR
Mls ID: #326712