104 Broken Ridge CtGreenwoodSC29646
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 Greenwood at 104 Broken Ridge Ct, Greenwood, SC, 29646 priced at $302,000 converts $2,764/mo rent into $950/mo cash flow after a $1,478/mo obligation. Total monthly income equals $2,764/mo, and annual cash flow totals $11,397/yr on $100,113 invested. Return on cash invested prints 31.29% in year one, and rental yield reads 10.98% against a $302,000 entry. Equity gained on principal adds $1,949/yr, while 5% annual appreciation compiles into $83,437 by year five. Five-year ROI reaches 163.65% and total cumulative return in cash sums $163,840. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,764/mo property income covering a $1,478/mo payment, not borrower’s personal income.
Single Family
Built in 2002
0.76 Acres lot
$N/A/sqft
$200 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29646, Greenwood, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,087 (100%) |
| Owner Occupied HU | 6,689 (55.3%) |
| Renter Occupied HU | 4,340 (35.9%) |
| Vacant Housing Units | 1,058 ( 8.8%) |
| Median Home Value | $176,259 |
| Average Home Value | $244,779 |
Housing Distribution
Address Breakdown
Residential
11,449
Single Family
10,530
Multi-Family
919
Businesses
704
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Heidi McConnell • Greenwood Realty Inc.
Mls Name: MLS Of Greenwood Sc Inc.
Mls ID: #134283
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.