621 Parkway Village Rd

Boiling Springs, SC 29316
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3 bd, 2 ba | 1,368 sqft | Built in 2020

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List Price
$254,999

Initial Investment

$69,487

Purchase Price

$254,999

Down Payment

25%

Rent

$1,690

Total Return

$119,536

Annualized Return

21.6%

Cap Rate

4.7%

Gross Yield

8.0%

Cash Flow

-$2,048

Appreciation

8.7%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

6,970

HOA

None
This immaculately maintained one level home is sure to check all your boxes! Fantastic Boiling Springs location: less than 2 miles to either I-85 or I-26, less than 1 mile to the grocery store and restaurants, and less than 6 miles to either Spartanburg Regional or North Grove Medical Park. Also located in the desirable Spartanburg District 2 school system, with Hendrix Elementary school less than 1 mile away. Built in 2020, this one owner home was upgraded with vinyl flooring in the living area and painted cabinets in the kitchen and bathrooms. After closing the owner further improved the home by adding an irrigation system for the yard, custom glass shower doors in both bathrooms and elegant wood trim accent walls in two of the bedrooms. The home also features granite counter tops, an island with bar seating in the kitchen and a covered back patio. You’ll also enjoy the custom blinds which can be raised from the bottom or lowered from the top to let in light while offering privacy. The backyard is spacious and level up to the lovely landscaped mulch bed on the slope which offers a colorful view when the flowers and bushes are in bloom. This pristine and peaceful retreat of a home has been smoke and pet free and has truly been “lived in lightly.” Don’t delay to schedule your private showing to see all this lovely home has to offer!

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

Annual Financial Highlights

Expected Rent

$19,266

Expenses

-$2,851

Property Taxes

-$4,600

Loan Payments

-$13,863

Net Cash Flow

-$2,048

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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Last Updated: 03/28/2024 01:03
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