7 Burge CtSimpsonvilleSC29681
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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 Simpsonville at 7 Burge Ct, Simpsonville, SC, 29681 priced at $302,600 pairs $2,015/mo rent with $214/mo cash flow after a $1,481/mo payment. Total monthly income equals $2,015/mo, and annual cash flow comes to $2,565/yr on $100,312 invested. Return on cash invested is 22.47% in year one, and rental yield stands at 7.99% on a $302,600 basis. Equity gained on principal adds $1,953/yr, and 5% annual appreciation accumulates to $83,603 by year five. Five-year ROI measures 116.25% and total cumulative return in cash reaches $116,616. For financing, Ziffy Mortgage’s DSCR program evaluates $2,015/mo property income against a $1,481/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2017
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29681, Simpsonville, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 25,732 (100%) |
| Owner Occupied HU | 21,349 (83.0%) |
| Renter Occupied HU | 3,417 (13.3%) |
| Vacant Housing Units | 966 ( 3.8%) |
| Median Home Value | $378,229 |
| Average Home Value | $419,357 |
Housing Distribution
Address Breakdown
Residential
25,817
Single Family
24,074
Multi-Family
1,743
Businesses
1,206
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Listed by: Berry Gower • Coldwell Banker Caine/Williams
Mls Name: Greater Greenville AOR
Mls ID: #1577485