1 Novatak CtGreenvilleSC29605
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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
Investment property for sale in Greenville at 1 Novatak Ct, Greenville, SC, 29605 uses $71,239 cash to close to unlock $10,051/yr annual cash flow and $838/mo monthly cash flow. Total monthly income runs $2,117/mo, and a $1,052/mo payment keeps the spread at $838/mo. Purchase price stands at $214,900, and rental yield measures 11.82% with $2,117/mo rent. Return on cash invested shows 34.02% in year one, and 5% annual appreciation builds toward $59,373 over five years. Five-year ROI reaches 178.21% and total cumulative return in cash records $126,954. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,117/mo property income covering a $1,052/mo payment rather than investor’s personal income.
Single Family
Built in N/A
9,583 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29605, Greenville, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,337 (100%) |
| Owner Occupied HU | 11,655 (63.6%) |
| Renter Occupied HU | 5,250 (28.6%) |
| Vacant Housing Units | 1,432 ( 7.8%) |
| Median Home Value | $335,159 |
| Average Home Value | $427,694 |
Housing Distribution
Address Breakdown
Residential
16,911
Single Family
15,927
Multi-Family
984
Businesses
1,116
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Listed by: Lindsay McGee • McGee & Associates
Mls Name: Greater Greenville AOR
Mls ID: #1559142