718 Double Springs RdTownvilleSC29689
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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 Townville at 718 Double Springs Rd, Townville, SC, 29689 with 5% annual appreciation on a $275,000 basis while $3,227/mo rent supports operations. Total monthly income totals $3,227/mo and a $1,346/mo payment preserves $1,550/mo for cash returns. Annual cash flow comes to $18,601/yr on $91,163 deployed, and return on cash invested reaches 40.31% in year one. Equity gained on principal adds $1,775/yr, and five-year appreciation sums $75,977 alongside rental yield of 14.08%. Five-year ROI measures 212.19% and total cumulative return in cash totals $193,439.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,227/mo property income versus a $1,346/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1996
0.84 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29689, Townville, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,843 (100%) |
| Owner Occupied HU | 1,855 (65.2%) |
| Renter Occupied HU | 264 ( 9.3%) |
| Vacant Housing Units | 724 (25.5%) |
| Median Home Value | $419,349 |
| Average Home Value | $491,116 |
Housing Distribution
Address Breakdown
Residential
2,523
Single Family
2,523
Multi-Family
0
Businesses
78
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Listed by: Tina Wilson • Western Upstate Keller William
Mls Name: WUMLS
Mls Provider:
Mls ID: #20293101
Disclaimer: The data relating to real estate for sale on this Web site comes in part from the Broker Reciprocity Program of the Western Upstate Association of REALTORS, Inc. and the Western Upstate Multiple Listing Service, Inc This information is deemed reliable, but not guaranteed. Neither, the Western Upstate Association of REALTORS, Inc. or Western Upstate Multiple Listing Service of South Carolina, Inc., nor the listing broker, nor their agents or subagents are responsible for the accuracy of the information. The buyer is responsible for verifying all information. This information is provided by the Western Upstate Association of REALTORS, Inc. and Western Upstate Multiple Listing Service of South Carolina, Inc. for use by its members and is not intended for the use for any other purpose.