106 Pennington Ln NGreenwoodSC29649
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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 106 Pennington Ln N, Greenwood, SC, 29649 earns $726/mo cash flow from $2,750/mo rent with a $1,637/mo payment. Total monthly income totals $2,750/mo, and annual cash flow totals $8,709/yr on $110,854 capital. ROI tracks 27.77% on current figures, and rental yield reads 9.87% at a $334,400 purchase. Equity gained on principal adds $2,158/yr, and 5% annual appreciation supports $92,389 over five years. Five-year ROI reaches 144.8% and total cumulative return in cash sums $160,512. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,750/mo property income instead of your personal income.
Single Family
Built in 2024
9,583 sqft lot
$N/A/sqft
$400 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: Sharon Mulkey • Re/Max Action Realty
Mls Name: MLS Of Greenwood Sc Inc.
Mls ID: #131521
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.