117 Sherwood AveGreerSC29651
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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
Rental property for sale in Greer at 117 Sherwood Ave, Greer, SC, 29651 offers $1,524/mo rent that, after a $807/mo payment, leaves $479/mo cash flow. Total monthly income is $1,524/mo, and annual cash flow is $5,748/yr on $54,631 cash. Return on cash invested measures 30.43% in year one, and rental yield stands at 11.1% at a $164,800 entry. Equity gained on principal adds $1,063/yr while 5% annual appreciation compounds into $45,531 by year five. Five-year ROI records 159.46% and total cumulative return in cash reaches $87,117. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,524/mo property income versus a $807/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Townhouse
Built in 1991
1,306 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: Victoria Cottle • Western Upstate Keller William
Mls Name: Greater Greenville AOR
Mls Provider:
Mls ID: #1552158
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.