Litchfield Plan, Gresham StationSimpsonvilleSC29681
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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 Litchfield Plan, Gresham Station, Simpsonville, SC, 29681 listed at $289,990 pairs $2,280/mo rent with a $1,419/mo payment to leave $554/mo cash flow. Total monthly income runs $2,280/mo, and annual cash flow reaches $6,649/yr on $96,132 cash to close. Return on cash invested measures 26.83% in year one, and rental yield registers 9.43% at a $289,990 basis. Equity gained on principal adds $1,871/yr, and annual property appreciation at 5% supports $80,119 by year five. Five-year ROI tracks 139.66% and total cumulative return in cash totals $134,257. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,280/mo property income relative to a $1,419/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Townhouse
Built in 2025
N/A 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: N/A • DRB Homes
Mls Name: DRB Homes
Mls Provider:
Mls ID: #N/A