237 Camellia Cir

Gaffney, SC 29341
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3 bd, 1 ba | 1,050 sqft | Built in 1975

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List Price
$169,900

Initial Investment

$46,298

Purchase Price

$169,900

Down Payment

25%

Rent

$1,130

Total Return

$75,841

Annualized Return

20.6%

Cap Rate

4.7%

Gross Yield

8.0%

Cash Flow

-$1,748

Appreciation

8.6%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

13,504

HOA

None

Flood Risk

Not Required

Welcome Home! This charming 3-bedroom, 1-bathroom home has been freshly renovated from top to bottom, offering modern comforts and stylish finishes. Nestled in a quiet neighborhood, this property boasts a spacious layout perfect for families, first time buyers, or those seeking extra space. As you step inside, you're greeted by a bright and airy living area complete with new luxury LVP flooring, flush mount lighting throughout, and freshly painted walls, creating a warm and inviting atmosphere. The kitchen features brand-new stainless-steel appliances, sleek granite countertops with an under-mount sink, tiled backsplash, and ample cabinet space, making meal preparation a breeze. Each of the three bedrooms offers cozy retreats, complete with new waterproof LVP flooring and ample natural light, perfect for relaxation and rejuvenation. The renovated bathroom boasts contemporary fixtures and a tiled shower adding a touch of luxury to your daily routine. Outside, you'll find a generously sized backyard, ideal for outdoor gatherings, gardening, or simply soaking up the sunshine. This home is located in a desirable area conveniently situated just 25 minutes from downtown Spartanburg and approximately 45 minutes from either Charlotte or Greenville. Enjoy being just minutes away from schools, parks, shopping, and dining options, ensuring both convenience and comfort for its residents. Don't miss out on the opportunity to make this beautifully renovated house your new home sweet home! Schedule your showing today!

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

Annual Financial Highlights

Expected Rent

$12,882

Expenses

-$2,293

Property Taxes

-$3,100

Loan Payments

-$9,237

Net Cash Flow

-$1,748

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:Holly Roach
Agent License 135615
Coldwell Banker Caine Real Est
Certified Agent Brokerage:Chris deTreville
Auben Realty, LLC
GA Brokerage License H-67288
SourceSpartanburg MLS
MLS #313886
Last Updated: 07/25/2024 19:07
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