1 Sheridan PlGreerSC29650
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowDay-one income is the story at 1 Sheridan Pl, Greer, SC, 29650 in Greer. Priced at $599,650, it generates $5,830/mo in gross rent and $2,260/mo in net monthly cash flow, a 11.67% yield that comfortably supports the 2.16 DSCR needed for Ziffy Mortgage's no-W2 DSCR mortgage. Projected annual cash flow: $27,120. Five-year appreciation: $165,672. Equity from principal paydown: $5,523/yr. Total projected cumulative return: $372,265.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 11.7% | 5.8% |
| Monthly Cash Flow | $2,260 | $485 |
City averages based on Greer market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $5,830 |
| Total Monthly Debt Service | $3,331 |
| DSCR Ratio | 1.75x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in N/A
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29650, Greer, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,193 (100%) |
| Owner Occupied HU | 11,448 (66.6%) |
| Renter Occupied HU | 4,627 (26.9%) |
| Vacant Housing Units | 1,118 ( 6.5%) |
| Median Home Value | $402,689 |
| Average Home Value | $451,242 |
Housing Distribution
Address Breakdown
Residential
16,867
Single Family
13,870
Multi-Family
2,997
Businesses
1,238
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
Single Family
Built in N/A
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29650, Greer, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,193 (100%) |
| Owner Occupied HU | 11,448 (66.6%) |
| Renter Occupied HU | 4,627 (26.9%) |
| Vacant Housing Units | 1,118 ( 6.5%) |
| Median Home Value | $402,689 |
| Average Home Value | $451,242 |
Housing Distribution
Address Breakdown
Residential
16,867
Single Family
13,870
Multi-Family
2,997
Businesses
1,238
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: Greater Greenville AOR
Mls ID: #1571982