117 Sylvan Oak Way

Simpsonville, SC 29681
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3 bd, 3.5 ba | 1,452 sqft | Built in 2008

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List Price
$294,900

Initial Investment

$80,360

Purchase Price

$294,900

Down Payment

25%

Rent

$1,680

Total Return

$88,910

Annualized Return

14.8%

Cap Rate

3.8%

Gross Yield

6.8%

Cash Flow

-$5,639

Appreciation

7.1%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Property Type

Townhouse

Lot Size

1,873

HOA

None

Flood Risk

Not Required

This meticulously maintained 3-bedroom, 3.5-bath townhome is an ideal blend of comfort, convenience, and style, located just moments from the heart of Downtown Simpsonville with its vibrant dining and shopping options, as well as I-385. Perfect for modern living, the home features open and inviting living and dining areas, complemented by a well-appointed kitchen, providing a spacious environment for everyday enjoyment. Set in a peaceful cul-de-sac, this three-story unit offers privacy and tranquility. The main floor includes a bedroom and full bath, while the third floor offers two additional bedrooms, each with its own full bath, ensuring plenty of personal space and comfort. Abundant closet space and an impressive amount of storage further enhance this home’s practicality. Outdoor living is just as appealing, with a fenced-in area for added privacy and a deck off the second floor for relaxing or entertaining. The home also features a one-car garage, adding extra convenience. Plus, it’s within walking distance of Downtown Simpsonville, offering easy access to the area's amenities and charm. This townhome offers the best of both worlds: a peaceful, private retreat with all the benefits of living close to downtown and major transportation routes.

See more in Analysis
Chris deTreville
Auben Realty, LLC
GA Agent License #64566

Annual Financial Highlights

Expected Rent

$19,152

Expenses

-$3,409

Property Taxes

-$5,350

Loan Payments

-$16,032

Net Cash Flow

-$5,639

See more in Financials

Property Characteristics

Buyer's Agent

An experienced local, licensed real estate broker/agent will represent you in this transaction. They will negotiate on your behalf, from your first offer through closing.
  • You can contact your Agent with questions even before making an offer.
  • A professional home inspection will be conducted prior to closing.  This inspection, paid for by Roofstock, will be conducted by a Roofstock-affiliated vendor.  As soon as the report is ready, your Agent will discuss the findings with you and help with any next steps.

Property Management

Why choose?
From repairs and maintenance to communicating with tenants, our preferred property management teams protect your assets and keep things running smoothly.

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Listing Courtesy of:Charlotte Sarvis
Agent License 44420
That Realty Group
Certified Agent Brokerage:Chris deTreville
Auben Realty, LLC
GA Brokerage License H-67288
SourceGreater Greenville AOR MLS
MLS #1542472
Last Updated: 11/21/2024 21:11
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