107 River Way DrGreerSC29651
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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 Greer at 107 River Way Dr, Greer, SC, 29651 with 5% annual appreciation on a $524,900 basis while $3,270/mo rent supports operations. Total monthly income totals $3,270/mo and a $2,569/mo payment preserves $145/mo for cash returns. Annual cash flow comes to $1,746/yr on $172,692 deployed, and return on cash invested reaches 21.07% in year one. Equity gained on principal adds $3,387/yr, and five-year appreciation sums $145,020 alongside rental yield of 7.48%. Five-year ROI measures 108.74% and total cumulative return in cash totals $187,777.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,270/mo property income versus a $2,569/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1990
10,018 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29651, Greer, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 23,589 (100%) |
| Owner Occupied HU | 17,483 (74.1%) |
| Renter Occupied HU | 4,872 (20.7%) |
| Vacant Housing Units | 1,234 ( 5.2%) |
| Median Home Value | $327,690 |
| Average Home Value | $366,187 |
Housing Distribution
Address Breakdown
Residential
23,193
Single Family
22,545
Multi-Family
648
Businesses
992
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Listed by: Jonathan MacDonald • BHHS C Dan Joyner - Midtown
Mls Name: Greater Greenville AOR
Mls ID: #1572247