211 Rhode Island Cir

Chesnee, SC 29323
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3 bd, 2 ba | 1,120 sqft | Built in 1960

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List Price
$189,000

Initial Investment

$51,503

Purchase Price

$189,000

Down Payment

25%

Rent

$3,000

Total Return

$191,947

Annualized Return

44.3%

Cap Rate

12.0%

Gross Yield

19.0%

Cash Flow

$10,951

Appreciation

11.5%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

33,000

HOA

None

Flood Risk

Not Required

Welcome to 211 Rhode Island Circle. This beautiful home sits on a large .94-acre lot and is move-in ready. Inside, you will find 3 generous sized bedrooms with spacious closets and 2 bathrooms. The kitchen boasts granite countertops, tile backsplash and brand-new white cabinets. Enjoy your mornings and evenings on your large front porch. Don't wait. Schedule your showing today. Agent related to seller.

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

Annual Financial Highlights

Expected Rent

$34,200

Expenses

-$9,524

Property Taxes

-$3,450

Loan Payments

-$10,275

Net Cash Flow

$10,951

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:Skip Kirsch
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SourceSpartanburg MLS
MLS #321071
Last Updated: 03/11/2025 01:03
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.