826 Old Wynd CtSpartanburgSC29301
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
Rental property for sale in Spartanburg at 826 Old Wynd Ct, Spartanburg, SC, 29301 generates $2,399/mo in rent and, after a $1,175/mo payment, leaves $159/mo in cash flow. Total monthly income is $2,399/mo, and annual cash flow is $1,913/yr on $79,593 invested. Return on cash invested sits at 22.31% in year one, and rental yield is 11.99% on a $240,100 entry. Equity gained on principal adds $1,549/yr, while 5% annual appreciation builds toward $66,335 over five years. Five-year ROI reaches 119.89% and total cumulative return in cash sums $95,422. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,399/mo property income rather than buyer’s personal income.
Single Family
Built in 2001
7,840 sqft lot
$N/A/sqft
$587 monthly 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: N/A • N/A
Mls Name: undefined
Mls ID: #N/A