695 Cozy Bluff RdSpartanburgSC29301
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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 695 Cozy Bluff Rd, Spartanburg, SC, 29301 priced at $259,900 converts $1,860/mo rent into $313/mo cash flow after a $1,272/mo obligation. Total monthly income equals $1,860/mo, and annual cash flow totals $3,755/yr on $86,157 invested. Return on cash invested prints 24.27% in year one, and rental yield reads 8.59% against a $259,900 entry. Equity gained on principal adds $1,677/yr, while 5% annual appreciation compiles into $71,806 by year five. Five-year ROI reaches 125.88% and total cumulative return in cash sums $108,454. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,860/mo property income covering a $1,272/mo payment, not borrower’s personal income.
Single Family
Built in 2025
5,227 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29301, Spartanburg, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,504 (100%) |
| Owner Occupied HU | 8,872 (50.7%) |
| Renter Occupied HU | 6,857 (39.2%) |
| Vacant Housing Units | 1,775 (10.1%) |
| Median Home Value | $234,576 |
| Average Home Value | $271,423 |
Housing Distribution
Address Breakdown
Residential
15,828
Single Family
13,183
Multi-Family
2,645
Businesses
1,336
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Listed by: Kelly Jo Hard • MTH SC Realty, LLC
Mls Name: WUMLS
Mls ID: #20294904