606 Davenport RdSimpsonvilleSC29680
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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 Simpsonville at 606 Davenport Rd, Simpsonville, SC, 29680 earns $202/mo cash flow from $1,987/mo rent with a $1,468/mo payment. Total monthly income totals $1,987/mo, and annual cash flow totals $2,419/yr on $99,417 capital. ROI tracks 22.34% on current figures, and rental yield reads 7.95% at a $299,900 purchase. Equity gained on principal adds $1,935/yr, and 5% annual appreciation supports $82,857 over five years. Five-year ROI reaches 115.6% and total cumulative return in cash sums $114,928. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,987/mo property income instead of your personal income.
Single Family
Built in N/A
0.37 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29680, Simpsonville, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,688 (100%) |
| Owner Occupied HU | 11,639 (74.2%) |
| Renter Occupied HU | 3,411 (21.7%) |
| Vacant Housing Units | 638 ( 4.1%) |
| Median Home Value | $337,572 |
| Average Home Value | $368,365 |
Housing Distribution
Address Breakdown
Residential
16,044
Single Family
13,628
Multi-Family
2,416
Businesses
606
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Listed by: Andrea Granada • BHHS C.Dan Joyner-Woodruff Rd
Mls Name: Greater Greenville AOR
Mls ID: #1566465