Potential Profit$26,733
This property is available as a fixer upper at New Cut Rd. This property features 3 bedrooms and 2 bathrooms, perfect for investment and/or your personal residence. With 1,362 square feet of living space, you can enjoy sizable rooms for comfortable living and flexibility in the common areas for family gatherings. Our team of real estate experts has conducted a thorough analysis of the current market conditions in Inman, specifically for New Cut Rd and comparable listings. Based on this expert analysis, the estimated market value is $141,010. This has potential equity of $26,733. If purchased for rental purposes, the monthly rental rate could range between $1,072 and $1,261, providing a solid return on investment. For those interested in resale, the estimated profit from selling is $26,733. Factors considered in this calculation include the property location, condition, status, and convenience, all assessed by our experienced professionals. Properties like this one on New Cut Rd are updated daily along with others in Inman, South Carolina, ensuring you have the most current and accurate information.
Plus with taxes and insurance
Based on 20% down, 30 year mortgage, with 6% APR
All calculations are estimates provided for informational purposes. Actual amounts may vary by location. It is important to know that mortgage rates are dependent on credit scores, loan timeline, and a down payment amount.
There are 6 schools in the area. Nearby schools include Inman Elementary School and Inman Intermediate School.
There are plenty of activities near this property like Downtown Inman shops and restaurants, Spartanburg Regional Healthcare System facilities in the region, and more.
Public transportation options include: Primary transportation is by car, Access to I-26 and US-176, SPARTA bus service available in parts of the Spartanburg area, Regional rideshare and taxi services, Greenville-Spartanburg International Airport for regional air travel. Other services include ride-sharing services like Uber and Lyft.
Parks nearby include Va-Du-Mar McMillan Park, Lake Bowen Park and more.
Services available in the area include cellular and internet options.
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The estimated rental value for New Cut Rd located in Inman, SC is $1,151/month. Comparable homes around New Cut Rd that are rentals have monthly ranges starting as low as $1,072 per month and as high as $1,261 per month. An owner looking to use this property as an investment could bring a return in the area of $1,072 - $1,261 a month based on the many factors which include the properties condition, type, amenities, etc. Sign in to view a full two years of rental information as well as the Average Market Value (AVM) of this property.
Status: Active
Listing information updated for this property.
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The property has moved into foreclosure proceedings. The lender is likely preparing the home for auction or repossession.
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The owner is behind on payments and has entered preforeclosure. It may still be possible to avoid foreclosure or sell early.
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The property has entered bankruptcy protection. A court-appointed process may delay foreclosure or sale while debts are restructured.
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AMERIS BANK
03/27/23 - 05/01/23Status: Inactive
Status: Inactive
Status: Inactive
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AMERIS BANK
01/12/22 - 07/11/22Status: Inactive
Status: Inactive
AMERIS BANK
01/12/22 - 07/11/22Status: Inactive
Status: Inactive
Status: Inactive
Status: Inactive
Status: Inactive
Status: Inactive
Status: Inactive
Listing information updated for this property.
Status: Inactive
Status: Inactive
Status: Inactive
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Status: Inactive
Status: Inactive
Status: Inactive
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