100 Northridge RdGreerSC29650
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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 Greer at 100 Northridge Rd, Greer, SC, 29650 uses $134,921 cash to close to unlock $1,431/yr annual cash flow and $119/mo monthly cash flow. Total monthly income runs $2,542/mo, and a $1,992/mo payment keeps the spread at $119/mo. Purchase price stands at $407,000, and rental yield measures 7.49% with $2,542/mo rent. Return on cash invested shows 20.97% in year one, and 5% annual appreciation builds toward $112,447 over five years. Five-year ROI reaches 108.24% and total cumulative return in cash records $146,034. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,542/mo property income covering a $1,992/mo payment rather than investor’s personal income.
Single Family
Built in 1997
8,500 sqft 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
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Listed by: N/A • N/A
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