614 Springbranch DrSimpsonvilleSC29680
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 614 Springbranch Dr, Simpsonville, SC, 29680 at $259,999 posts ROI 29.97% with $722/mo cash flow from $2,273/mo rent. Total monthly income equals $2,273/mo, and annual cash flow records $8,669/yr on $86,190 to close. Return on cash invested measures 29.97% and rental yield reads 10.49% at the current $259,999. Equity gained on principal adds $1,678/yr, and 5% annual appreciation supports $71,833 by year five. Five-year ROI prints 156.51% and total cumulative return in cash totals $134,897.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,273/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Townhouse
Built in 2020
2,178 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jake Agresti • Bluefield Realty Group
Mls Name: Greater Greenville AOR
Mls Provider:
Mls ID: #1534557
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.