Devonshire ll Plan, LynbrookBoiling SpringsSC29316
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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 Boiling Springs at Devonshire ll Plan, Lynbrook, Boiling Springs, SC, 29316 earns $665/mo cash flow from $2,640/mo rent with a $1,624/mo payment. Total monthly income totals $2,640/mo, and annual cash flow totals $7,977/yr on $110,025 capital. ROI tracks 27.16% on current figures, and rental yield reads 9.55% at a $331,900 purchase. Equity gained on principal adds $2,142/yr, and 5% annual appreciation supports $91,698 over five years. Five-year ROI reaches 141.4% and total cumulative return in cash sums $155,575. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,640/mo property income instead of your personal income.
Single Family
Built in 2025
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29316, Spartanburg, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,048 (100%) |
| Owner Occupied HU | 9,590 (73.5%) |
| Renter Occupied HU | 2,897 (22.2%) |
| Vacant Housing Units | 561 ( 4.3%) |
| Median Home Value | $253,865 |
| Average Home Value | $283,497 |
Housing Distribution
Address Breakdown
Residential
13,994
Single Family
13,201
Multi-Family
793
Businesses
802
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Listed by: N/A • Great Southern Homes
Mls Name: Great Southern Homes
Mls Provider:
Mls ID: #N/A