1012 S Welcone RdGreenvilleSC29611
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
Investment property for sale in Greenville at 1012 S Welcone Rd, Greenville, SC, 29611 offers a 8.67% rental yield on a $297,990 purchase with $2,154/mo rent. Total monthly income registers $2,154/mo, and a $1,459/mo payment leaves $380/mo available for distribution. Annual cash flow reaches $4,555/yr on $98,784 to close, and return on cash invested stands at 24.52% in year one. Equity gained on principal adds $1,923/yr while 5% annual appreciation supports $82,329 over five years. Portfolio math shows five-year ROI at 127.26% and total cumulative return in cash at $125,717. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,154/mo property income against a $1,459/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2025
9,583 sqft 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: John Morris • McGuinn Homes
Mls Name: Greater Greenville AOR
Mls ID: #1567890