4207 Chaffee Rd
Spartanburg, SC 29301
List Price
$305,000
Initial Investment
$83,113Purchase Price
$305,000
Down Payment
25%
Rent
$1,800
Total Return
$118,505
Annualized Return
18.1%
Cap Rate
4.0%
Gross Yield
7.1%
Cash Flow
-$5,214
Appreciation
8.2%
Reset to DefaultEdit Assumptions
Features
Occupancy
Unspecified
Lease Start
-
Lease End
-
Lot Size
21,400
HOA
None
Flood Risk
Not Required
Come and see this charming Home on Chaffee Rd.! Located in the great neighborhood of Oak Forest in west Spartanburg with great schools. Large, fenced-in back yard with fruit trees for enjoying the outdoors. This tri-split level floorplan invites you in with an enclosed front patio. First level, contains the living room, dining room and the kitchen. Lower level is the den and a fireplace. 3 bedrooms, plus 1 room that could serve as an office/guest room and 2 full bathrooms are all upstairs. The 2-car garage features a workshop and a storage room. Tons of storage area. Seller is motivated! Make an offer today!
See more in Analysis
Chris deTreville
Auben Realty, LLC
GA Agent License #64566
Annual Financial Highlights
Expected Rent
$20,520Expenses
-$3,653Property Taxes
-$5,500Loan Payments
-$16,581Net Cash Flow
-$5,214See 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:Shane Crummie
Agent License 131373
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Agent License 131373
1st Class RE Elite
Certified Agent Brokerage:Chris deTreville
Auben Realty, LLC
GA Brokerage License H-67288
Auben Realty, LLC
GA Brokerage License H-67288
SourceGreater Greenville AOR MLS
MLS #1524560
Last Updated: 04/24/2024 14:04
MLS #1524560
Last Updated: 04/24/2024 14:04