4770 State Park Rd

Travelers Rest, SC 29690
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3 bd, 2 ba | 1,414 sqft | Built in 1974

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List Price
$309,900

$5K

Initial Investment

$84,448

Purchase Price

$309,900

Down Payment

25%

Rent

$1,710

Total Return

$135,852

Annualized Return

20.2%

Cap Rate

4.5%

Gross Yield

6.6%

Cash Flow

-$3,674

Appreciation

8.6%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

18,295

HOA

None

Flood Risk

Not Required

Welcome to this charming home where convenience meets modern updates! Great location in the desirable Travelers Rest, just 20 minutes from downtown Greenville. It is seated on a big private lot in a neighborhood without HOA. One of the highlights of this property is the recently updated bathroom, now boasting an independent entrance leading directly from the kitchen. This thoughtful renovation adds both functionality and privacy, creating an ideal setup for guests or as a convenient ensuite. There are ceramic tile and laminate flooring, no carpet at all! In addition to this feature, the house offers a separate multipurpose room/basement with separate entrance that can provide homeowners with flexibility as their needs and lifestyles evolve. This space can be used as a gym, home office, or workshop among others. Most of the sheetrock and ceiling have been replaced throughout the home. Also, the seller has added a great storage unit. Don't miss out on the opportunity to explore all that this home has to offer!

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

Annual Financial Highlights

Expected Rent

$19,494

Expenses

-$3,470

Property Taxes

-$2,850

Loan Payments

-$16,848

Net Cash Flow

-$3,674

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:Dina Petersen
Agent License 111323
Keller Williams Greenville Cen
Certified Agent Brokerage:Chris deTreville
Auben Realty, LLC
GA Brokerage License H-67288
SourceGreater Greenville AOR MLS
MLS #1523600
Last Updated: 04/30/2024 16:04
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