197 Dillon Cir
Spartanburg, SC 29307
List Price
$260,000
Initial Investment
$70,850Purchase Price
$260,000
Down Payment
25%
Rent
$2,920
Total Return
$120,439
Annualized Return
23.0%
Cap Rate
6.5%
Gross Yield
13.5%
Cash Flow
$2,366
Appreciation
7.2%
Reset to DefaultEdit Assumptions
Features
Occupancy
Unspecified
Lease Start
-
Lease End
-
Lot Size
5,663
HOA
$27/mo
Built in 2022, this luxurious home is located near downtown, Mary Black Hospital and trails, Spartanburg Regional hospital and much more. The owners spared no expense upgrading this home from the original plans. From a customized stone fireplace facade and mantel, modern lighting throughout the house ( not builder grade ), customized primary closet system, wine fridge, fenced yard, and much more. Offered on the main level is a formal dining space, open concept kitchen, breakfast area, living space and guestroom / office. The second level has a spacious loft, primary suite with large customized closet, two additional bedrooms and laundry room. Schedule an appointment today.
See more in Analysis
Chris deTreville
Auben Realty, LLC
GA Agent License #64566
Annual Financial Highlights
Expected Rent
$33,288Expenses
-$6,737Property Taxes
-$10,050Loan Payments
-$14,135Net Cash Flow
$2,366See 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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Certified Agent Brokerage:Chris deTreville
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SourceGreater Greenville AOR MLS
MLS #1551171
Last Updated: 03/17/2025 15:03
MLS #1551171
Last Updated: 03/17/2025 15:03