1017 River RdGreerSC29651
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 Greer at 1017 River Rd, Greer, SC, 29651 generates $1,876/mo in rent and, after a $1,184/mo payment, leaves $436/mo in cash flow. Total monthly income is $1,876/mo, and annual cash flow is $5,231/yr on $80,223 invested. Return on cash invested sits at 26.43% in year one, and rental yield is 9.3% on a $242,000 entry. Equity gained on principal adds $1,562/yr, while 5% annual appreciation builds toward $66,860 over five years. Five-year ROI reaches 137.5% and total cumulative return in cash sums $110,310. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,876/mo property income rather than buyer’s personal income.
Single Family
Built in 2021
9,976 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29651, Greer, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 23,589 (100%) |
| Owner Occupied HU | 17,483 (74.1%) |
| Renter Occupied HU | 4,872 (20.7%) |
| Vacant Housing Units | 1,234 ( 5.2%) |
| Median Home Value | $327,690 |
| Average Home Value | $366,187 |
Housing Distribution
Address Breakdown
Residential
23,193
Single Family
22,545
Multi-Family
648
Businesses
992
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Listed by: Jessica Elmore • Joy Real Estate
Mls Name: Greater Greenville AOR
Mls ID: #1565220