916 Lockhurst DrSimpsonvilleSC29681
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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 916 Lockhurst Dr, Simpsonville, SC, 29681 at $590,000 posts ROI 20.19% with $21/mo cash flow from $3,533/mo rent. Total monthly income equals $3,533/mo, and annual cash flow records $247/yr on $194,110 to close. Return on cash invested measures 20.19% and rental yield reads 7.19% at the current $590,000. Equity gained on principal adds $3,807/yr, and 5% annual appreciation supports $163,006 by year five. Five-year ROI prints 104% and total cumulative return in cash totals $201,868.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,533/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2018
0.28 Acres 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: Lisa Alexander • Del-Co Realty Group, Inc.
Mls Name: Greater Greenville AOR
Mls Provider:
Mls ID: #1556659
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.