7 Torrington Dr

Greenville, SC 29617
image0

3 bd, 2.5 ba | 1,456 sqft | Built in 2020

slider image
slider image
slider image
List Price
$276,000

Initial Investment

$75,210

Purchase Price

$276,000

Down Payment

25%

Rent

$1,780

Total Return

$117,360

Annualized Return

19.6%

Cap Rate

4.1%

Gross Yield

7.7%

Cash Flow

-$3,918

Appreciation

8.6%
refreshReset to Default
Edit Assumptions
Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

6,970

HOA

None

Flood Risk

Not Required

Welcome to your new home in the sought-after Maplestead Farms community, just a few minutes away from downtown Greenville. This meticulously maintained residence offers a perfect blend of modern comfort and classic charm. Enjoy easy access to swamp rabbit trail, local parks, schools, and a myriad of shopping and dining options. The home offers an open living concept, three bedrooms and two full baths upstairs with a half bath downstairs. A kitchen island with matching countertops and a kitchen backsplash were added after construction. Enjoy savings on your utility bill as this all electric home offers a state of the art solar panel system. The master suite features a spacious closet, providing ample room for organizing your wardrobe. Enjoy the pleasant backyard while entertaining friends and family on the patio. The two-car garage ensures that your vehicles are secure and conveniently accessible. Sellers are offering a $6000 credit at closing with a full price offer, to pay down part of the solar panel loan that must be assumed by the buyer. The new owners may also be eligible for the remainder of the solar panel tax credit ($6000) for the 2024 tax year (Consult your tax professional for advice on this tax credit).

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

Annual Financial Highlights

Expected Rent

$20,292

Expenses

-$3,805

Property Taxes

-$5,400

Loan Payments

-$15,005

Net Cash Flow

-$3,918

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.

Similar Listings



Listing Courtesy of:David Allen
Agent License 120380
BHHS C.Dan Joyner-Woodruff Rd
Certified Agent Brokerage:Chris deTreville
Auben Realty, LLC
GA Brokerage License H-67288
SourceGreater Greenville AOR MLS
MLS #1522531
Last Updated: 03/28/2024 17:03
Disclaimer: The accuracy of this information is deemed reliable but not guaranteed or warrantied. All information should be independently verified before making purchase decisions. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The content relating to real estate for sale on this website appears courtesy of the Multiple Listing Service (MLS) listed as the “Source” on this page. Individual listings appear with the permission of the real estate brokerage identified under the “Listing Agent” on this page.