$194,900

305 Ferrari Spartanburg, SC 29378

$2,314
Closing credit¹
0.4 acres
House

Property details

About 305 Ferrari

Spartanburg Investment Goldmine: Immediate Cash Flow & Untapped Potential! (Act Fast!) Imagine: Generating instant rental income while simultaneously unlocking substantial future value. This isn't just another listing; it's your chance to capitalize on Spartanburg's booming real estate market with a property that delivers now and promises even more. Here's the deal: This 0.39-acre mobile home park, strategically located just 10 minutes from vibrant downtown Spartanburg and a mere 2 minutes from I-85, is primed for explosive growth. Instant Cash Flow: Two fully renovated manufactured homes are already generating a combined $1,525/month ($750 & $775). That's immediate, tangible returns hitting your bottom line from day one. (One 2 bed/2 bath and one 2 bed/1 bath) Massive Upside Potential: Two additional shells, already prepped with exterior paint, roof coating, partial window replacement and demolition, are screaming for your vision. These are blank canvases, ready to be transformed into high-demand 2 bed/1 bath rental units, significantly boosting your ROI. Strategic Location: 10 minutes to downtown Spartanburg's thriving amenities—shopping, dining, entertainment, and employment—ensures consistent tenant demand. Plus, instant access to I-85 means effortless commutes, a major draw for renters. Turnkey Infrastructure: Brand-new driveway and established water and power utilities mean minimal upfront costs and smooth operations. Limited Opportunity: Properties like this, offering both immediate income and substantial growth potential, are rare. Don't let this slip through your fingers. This isn't just an investment; it's a launchpad for significant wealth creation. The Spartanburg market is hot, and opportunities like this don't last.

Highlights

Home typeOther
HeatingElectric, Heat Pump
StatusActive
CoolingCentral Air
Lot size0.39 Acres
Year built1979
ParkingTwo Spaces
MLS #322228
Garage2 spaces

Summary

  • MLS Number: 322228
  • Office Name: Realty One Group Freedom
  • Office Phone: (864) 520-1900
  • Listing Agent: Kristin Hunteman

© 2025 Spartanburg Association of REALTORS® Multiple Listing Service. All Rights Reserved.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) program of the Spartanburg Association of REALTORS®. IDX information 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. Information is deemed reliable, but not guaranteed.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/13/2025, 1:20:48 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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view of manufactured / mobile home

$194,900

305 Ferrari

$2,314

closing credit¹

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Seller rebate

0.5% sale price²

Price information

Property sales

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Tax history

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Nearby schools

5

Arcadia Elementary School

Public District PK-5

1.0 mi

375 Spring St

3

Lone Oak Elementary School

Public District KG-5

1.1 mi

7314 Lone Oak Rd

3

Jesse S. Bobo Elementary School

Public District PK-5

1.8 mi

495 Powell Mill Rd

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $23,370. Most Spartanburg, SC residents have annual incomes less than $<35k. Typical family type is single, no kids. Most residents in this area have high school diploma education.

How much money do the neighbors make?

66%
<35k
25%
35k-100k
9%
100k-200k
0%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree

What types of families live nearby?

41%
Single, No Kids
25%
Single, with Kids
12%
Married, No Kids
22%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

22%
<11 yrs old
9%
12-17 yrs old
26%
18-34 yrs old
36%
35-64 yrs old
7%
65+ yrs old

What do the neighbors do for fun?

  • UFCUFC
  • NHRA Drag RacingNHRA Drag Racing
  • Mexican League SoccerMexican League Soccer

Where do the neighbors shop?

  • Family DollarFamily Dollar
  • Big LotsBig Lots
  • BurlingtonBurlington

Where do the neighbors go to eat?

  • Burger KingBurger King
  • Golden CorralGolden Corral
  • Church's ChickenChurch's Chicken

What do the neighbors drive?

  • BuickBuick
  • KiaKia
  • ChevroletChevrolet

What do the neighbors listen to?

  • Urban ContemporaryUrban Contemporary
  • Adult StandardsAdult Standards
  • Urban Adult ContemporaryUrban Adult Contemporary
All data provided by Home Junction and Claritas

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Frequently asked questions

Living in Spartanburg, SC

About 305 Ferrari

This home is located at 305 Ferrari in Spartanburg, SC and zip code 29301. Features: 0 bathroom. It has been listed on Rocket Homes since April 7, 2025 and is currently priced at $194,900.

In March 2025 more than 12 listings in Spartanburg, SC were sold above the asking price. During the same period more than 45 listings were sold at asking price, while more than 87 were sold below. In March 2025 in Spartanburg, SC there were 7.2% more homes for sale than in February. In March 2025, listings were on the market for 51 days. During the same period, the median list price in this real estate market was $245,615.

From Rocket Homes Real Estate and based on county public records data.

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