102 Explorer LnGreenwoodSC29649
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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 Greenwood at 102 Explorer Ln, Greenwood, SC, 29649 with 5% annual appreciation on a $459,900 basis while $4,200/mo rent supports operations. Total monthly income totals $4,200/mo and a $2,251/mo payment preserves $1,433/mo for cash returns. Annual cash flow comes to $17,197/yr on $152,457 deployed, and return on cash invested reaches 31.19% in year one. Equity gained on principal adds $2,968/yr, and five-year appreciation sums $127,062 alongside rental yield of 10.96%. Five-year ROI measures 163.13% and total cumulative return in cash totals $248,706.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $4,200/mo property income versus a $2,251/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2024
0.50 Acres lot
$N/A/sqft
$350 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29649, Greenwood, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,573 (100%) |
| Owner Occupied HU | 8,071 (64.2%) |
| Renter Occupied HU | 3,448 (27.4%) |
| Vacant Housing Units | 1,054 ( 8.4%) |
| Median Home Value | $239,091 |
| Average Home Value | $287,801 |
Housing Distribution
Address Breakdown
Residential
12,380
Single Family
11,329
Multi-Family
1,051
Businesses
1,128
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Listed by: Todd Bailey • Better Homes & Gardens Real Estate
Mls Name: MLS Of Greenwood Sc Inc.
Mls ID: #130286
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.