1 Alma StGreenvilleSC29617
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Rental property for sale in Greenville at 1 Alma St, Greenville, SC, 29617 offers $1,070/mo rent that, after a $685/mo payment, leaves $237/mo cash flow. Total monthly income is $1,070/mo, and annual cash flow is $2,842/yr on $46,410 cash. Return on cash invested measures 26.03% in year one, and rental yield stands at 9.17% at a $140,000 entry. Equity gained on principal adds $903/yr while 5% annual appreciation compounds into $38,679 by year five. Five-year ROI records 135.36% and total cumulative return in cash reaches $62,818. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,070/mo property income versus a $685/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Manufactured
Built in 2021
5,662 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29617, Greenville, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,678 (100%) |
| Owner Occupied HU | 8,361 (61.1%) |
| Renter Occupied HU | 4,476 (32.7%) |
| Vacant Housing Units | 841 ( 6.1%) |
| Median Home Value | $247,851 |
| Average Home Value | $301,832 |
Housing Distribution
Address Breakdown
Residential
12,919
Single Family
11,154
Multi-Family
1,765
Businesses
368
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Listed by: Victor Amadi • PRODUCER REALTY, LLC
Mls Name: SAR
Mls ID: #327447