10 Oconee AveGreenvilleSC29617
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 10 Oconee Ave, Greenville, SC, 29617 priced at $189,900 converts $1,333/mo rent into $203/mo cash flow after a $929/mo obligation. Total monthly income equals $1,333/mo, and annual cash flow totals $2,436/yr on $62,952 invested. Return on cash invested prints 23.78% in year one, and rental yield reads 8.42% against a $189,900 entry. Equity gained on principal adds $1,225/yr, while 5% annual appreciation compiles into $52,466 by year five. Five-year ROI reaches 123.38% and total cumulative return in cash sums $77,669. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,333/mo property income covering a $929/mo payment, not borrower’s personal income.
Single Family
Built in N/A
7,840 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: Marta Tesner • Montgomery Realty Group, LLC
Mls Name: Greater Greenville AOR
Mls ID: #1576776