229 HEATHER DR
SPARTANBURG, SC 29301
List Price
$250,000
Initial Investment
$68,125Purchase Price
$250,000
Down Payment
25%
Rent
$1,880
Total Return
$110,962
Annualized Return
20.9%
Cap Rate
5.1%
Gross Yield
9.0%
Cash Flow
-$1,669
Appreciation
8.2%
Reset to DefaultEdit Assumptions
Features
Occupancy
Unspecified
Lease Start
-
Lease End
-
Lot Size
16,050
HOA
None
Flood Risk
Not Required
Welcome to 229 Heather Drive, a beautifully refreshed 4-bedroom, 2.5-bathroom home conveniently located near WestGate Mall and multiple shopping and dining options. Step inside to find brand-new carpet and LVP flooring, complemented by fresh paint throughout, creating a bright and inviting atmosphere. The spacious living area features a cozy woodstove fireplace—perfect for cool evenings. The primary suite offers a walk-in closet and a full en-suite bathroom for added comfort and privacy. Enjoy morning coffee or unwind in the evenings on the screened-in porch. The fenced backyard is perfect for entertaining, featuring a large patio and an outbuilding for extra storage or a workshop space. With plenty of space and thoughtful updates, this home is ready for its next owners. Don’t miss out—schedule your showing today!
See more in Analysis
Chris deTreville
Auben Realty, LLC
GA Agent License #64566
Annual Financial Highlights
Expected Rent
$21,432Expenses
-$3,820Property Taxes
-$5,690Loan Payments
-$13,591Net Cash Flow
-$1,669See 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:
Keller Williams Grv Upst
Keller Williams Grv Upst
Certified Agent Brokerage:Chris deTreville
Auben Realty, LLC
GA Brokerage License H-67288
Auben Realty, LLC
GA Brokerage License H-67288
SourceSpartanburg MLS
MLS #320069
Last Updated: 02/14/2025 17:02
MLS #320069
Last Updated: 02/14/2025 17:02