707 Torgerson WaySimpsonvilleSC29680
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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 707 Torgerson Way, Simpsonville, SC, 29680 uses $141,734 cash to close to unlock $1,134/yr annual cash flow and $95/mo monthly cash flow. Total monthly income runs $2,640/mo, and a $2,093/mo payment keeps the spread at $95/mo. Purchase price stands at $427,555, and rental yield measures 7.41% with $2,640/mo rent. Return on cash invested shows 20.71% in year one, and 5% annual appreciation builds toward $118,126 over five years. Five-year ROI reaches 106.82% and total cumulative return in cash records $151,407. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,640/mo property income covering a $2,093/mo payment rather than investor’s personal income.
Single Family
Built in 2025
9,147 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: Leslie Clark • SM South Carolina Brokerage, L
Mls Name: Greater Greenville AOR
Mls ID: #1577075