84 Hemingway LnSimpsonvilleSC29681
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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 84 Hemingway Ln, Simpsonville, SC, 29681 earns $322/mo cash flow from $2,852/mo rent with a $2,080/mo payment. Total monthly income totals $2,852/mo, and annual cash flow totals $3,867/yr on $140,888 capital. ROI tracks 22.65% on current figures, and rental yield reads 8.05% at a $425,000 purchase. Equity gained on principal adds $2,742/yr, and 5% annual appreciation supports $117,420 over five years. Five-year ROI reaches 117.27% and total cumulative return in cash sums $165,221. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,852/mo property income instead of your personal income.
Townhouse
Built in 2019
3,920 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: Jennifer Hubbell • Keller Williams DRIVE
Mls Name: Greater Greenville AOR
Mls ID: #1579365