61 Fair Village LnSimpsonvilleSC29680
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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 61 Fair Village Ln, Simpsonville, SC, 29680 with 5% annual appreciation on a $280,700 basis while $2,230/mo rent supports operations. Total monthly income totals $2,230/mo and a $1,374/mo payment preserves $559/mo for cash returns. Annual cash flow comes to $6,707/yr on $93,052 deployed, and return on cash invested reaches 27.12% in year one. Equity gained on principal adds $1,811/yr, and five-year appreciation sums $77,552 alongside rental yield of 9.53%. Five-year ROI measures 141.17% and total cumulative return in cash totals $131,364.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,230/mo property income versus a $1,374/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Townhouse
Built in 2024
1,820 sqft 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: Benjamin Wade • Eastwood Homes
Mls Name: Greater Greenville AOR
Mls Provider:
Mls ID: #1533848
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.