113 Biscayne DrGreenwoodSC29646
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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 113 Biscayne Dr, Greenwood, SC, 29646 uses $91,163 cash to close to unlock $1,524/yr annual cash flow and $127/mo monthly cash flow. Total monthly income runs $1,764/mo, and a $1,346/mo payment keeps the spread at $127/mo. Purchase price stands at $275,000, and rental yield measures 7.7% with $1,764/mo rent. Return on cash invested shows 21.58% in year one, and 5% annual appreciation builds toward $75,977 over five years. Five-year ROI reaches 111.49% and total cumulative return in cash records $101,639. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,764/mo property income covering a $1,346/mo payment rather than investor’s personal income.
Single Family
Built in 2025
0.62 Acres lot
$N/A/sqft
No 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
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