107 McNeese DrGreenvilleSC29605
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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 Greenville at 107 McNeese Dr, Greenville, SC, 29605 offers a 8.09% rental yield on a $250,000 purchase with $1,685/mo rent. Total monthly income registers $1,685/mo, and a $1,224/mo payment leaves $196/mo available for distribution. Annual cash flow reaches $2,357/yr on $82,875 to close, and return on cash invested stands at 22.75% in year one. Equity gained on principal adds $1,613/yr while 5% annual appreciation supports $69,070 over five years. Portfolio math shows five-year ROI at 117.82% and total cumulative return in cash at $97,642. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,685/mo property income against a $1,224/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1955
0.33 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29605, Greenville, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,337 (100%) |
| Owner Occupied HU | 11,655 (63.6%) |
| Renter Occupied HU | 5,250 (28.6%) |
| Vacant Housing Units | 1,432 ( 7.8%) |
| Median Home Value | $335,159 |
| Average Home Value | $427,694 |
Housing Distribution
Address Breakdown
Residential
16,911
Single Family
15,927
Multi-Family
984
Businesses
1,116
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Listed by: Deanna Arce • Nest Realty
Mls Name: Greater Greenville AOR
Mls ID: #1578418