1018 S Welcome RdGreenvilleSC29611
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThe yield at 1018 S Welcome Rd, Greenville, SC, 29611 in Greenville speaks for itself: 10.3% gross on a $283,490 price, generating $2,432/mo in rent and $745/mo in net income after the $1,275/mo debt service. DSCR 1.91, a wide margin that supports Ziffy Mortgage's DSCR loan without any personal income check. Annual cash flow of $8,938 stacks alongside $78,323 in projected five-year appreciation and $2,611/yr in principal reduction. Projected total cumulative return: $155,083.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.3% | 4.2% |
| Monthly Cash Flow | $745 | $385 |
City averages based on Greenville market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,432 |
| Total Monthly Debt Service | $1,575 |
| DSCR Ratio | 1.54x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, 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.
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
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
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: N/A • N/A
Mls Name: Greater Greenville AOR
Mls ID: #1573237