714 Peyden Ln #HH-24SpartanburgSC29301
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 Spartanburg at 714 Peyden Ln #HH-24, Spartanburg, SC, 29301 uses $65,438 cash to close to unlock $7,501/yr annual cash flow and $625/mo monthly cash flow. Total monthly income runs $1,800/mo, and a $966/mo payment keeps the spread at $625/mo. Purchase price stands at $197,399, and rental yield measures 10.94% with $1,800/mo rent. Return on cash invested shows 31.37% in year one, and 5% annual appreciation builds toward $54,538 over five years. Five-year ROI reaches 164.08% and total cumulative return in cash records $107,371. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,800/mo property income covering a $966/mo payment rather than investor’s personal income.
Townhouse
Built in N/A
1,980 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Katherine Jarrett • Lennar Carolinas LLC
Mls Name: Greater Greenville AOR
Mls ID: #1570125