10 Spruce StGreenvilleSC29611
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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 10 Spruce St, Greenville, SC, 29611 offers a 9.18% rental yield on a $215,000 purchase with $1,644/mo rent. Total monthly income registers $1,644/mo, and a $1,052/mo payment leaves $364/mo available for distribution. Annual cash flow reaches $4,374/yr on $71,273 to close, and return on cash invested stands at 26.05% in year one. Equity gained on principal adds $1,387/yr while 5% annual appreciation supports $59,401 over five years. Portfolio math shows five-year ROI at 135.49% and total cumulative return in cash at $96,565. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,644/mo property income against a $1,052/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1948
0.36 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29611, Greenville, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,930 (100%) |
| Owner Occupied HU | 7,523 (50.4%) |
| Renter Occupied HU | 5,856 (39.2%) |
| Vacant Housing Units | 1,551 (10.4%) |
| Median Home Value | $208,785 |
| Average Home Value | $270,819 |
Housing Distribution
Address Breakdown
Residential
13,167
Single Family
11,909
Multi-Family
1,258
Businesses
1,052
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Listed by: Carl Vollmer • Keller Williams Palmetto
Mls Name: Aiken MLS
Mls ID: #220590