100 E Washington St APT 52GreenvilleSC29601
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayYield and appreciation often trade off, and at 100 E Washington St APT 52, Greenville, SC, 29601 in Greenville the bet is firmly on appreciation. Rental yield 5.34%. The 5.34% gross yield on a $550,000 price is below income-first thresholds, but 5%/yr value growth projects $151,955 in equity by year five. Ziffy Mortgage's non-U.S. DSCR mortgage (0.99) finances the acquisition on rental income alone. A larger down payment (30–35%) reduces monthly debt service and tightens the spread. Total projected cumulative return: $154,830.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 5.3% | 4.2% |
| Monthly Cash Flow | $(826) | $385 |
City averages based on Greenville market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,448 |
| Total Monthly Debt Service | $3,055 |
| DSCR Ratio | 0.80x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, 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.
Condo
Built in 2012
435.60 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29601, Greenville, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,637 (100%) |
| Owner Occupied HU | 2,697 (28.0%) |
| Renter Occupied HU | 5,241 (54.4%) |
| Vacant Housing Units | 1,699 (17.6%) |
| Median Home Value | $595,087 |
| Average Home Value | $719,499 |
Housing Distribution
Address Breakdown
Residential
8,780
Single Family
4,683
Multi-Family
4,097
Businesses
1,624
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
Condo
Built in 2012
435.60 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29601, Greenville, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,637 (100%) |
| Owner Occupied HU | 2,697 (28.0%) |
| Renter Occupied HU | 5,241 (54.4%) |
| Vacant Housing Units | 1,699 (17.6%) |
| Median Home Value | $595,087 |
| Average Home Value | $719,499 |
Housing Distribution
Address Breakdown
Residential
8,780
Single Family
4,683
Multi-Family
4,097
Businesses
1,624
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Eric Mitchell • BHHS C Dan Joyner - Midtown
Mls Name: Greater Greenville AOR
Mls ID: #1570552