150 Gardner Rd

Spartanburg, SC 29307
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2 bd, 1 ba | 1,100 sqft | Built in 1950

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List Price
$145,000

$20K

Initial Investment

$39,513

Purchase Price

$145,000

Down Payment

25%

Rent

$1,530

Total Return

$69,522

Annualized Return

23.9%

Cap Rate

7.3%

Gross Yield

12.7%

Cash Flow

$1,773

Appreciation

7.2%
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Features

Lot Size

32,568

HOA

None

Flood Risk

Not Required

Make time to come by take a look at this cozy 2 bedroom 1 bath home located in school district 3 just outside of Cowpens. This home has had some renovations that you have to just come see for yourself. The property has a large yard and two workshops and plenty of parking. The property has a backdeck, front porch, and pergola area.

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

Expected Rent

$17,442

Expenses

-$4,636

Property Taxes

-$3,150

Loan Payments

-$7,883

Net Cash Flow

$1,773

See more in Financials

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.
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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:STEVEN EPLEE
PALMETTO REAL ESTATE GROUP LLC
Certified Agent Brokerage:Chris deTreville
Auben Realty, LLC
GA Brokerage License H-67288
SourceSpartanburg MLS
MLS #298563
Last Updated: 03/24/2023 09:03
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.