119 E Decatur StGreenvilleSC29617
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 119 E Decatur St, Greenville, SC, 29617 offers a 9.66% rental yield on a $210,000 purchase with $1,691/mo rent. Total monthly income registers $1,691/mo, and a $1,028/mo payment leaves $441/mo available for distribution. Annual cash flow reaches $5,289/yr on $69,615 to close, and return on cash invested stands at 27.51% in year one. Equity gained on principal adds $1,355/yr while 5% annual appreciation supports $58,019 over five years. Portfolio math shows five-year ROI at 143.27% and total cumulative return in cash at $99,736. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,691/mo property income against a $1,028/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1950
0.33 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29617, Greenville, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,678 (100%) |
| Owner Occupied HU | 8,361 (61.1%) |
| Renter Occupied HU | 4,476 (32.7%) |
| Vacant Housing Units | 841 ( 6.1%) |
| Median Home Value | $247,851 |
| Average Home Value | $301,832 |
Housing Distribution
Address Breakdown
Residential
12,919
Single Family
11,154
Multi-Family
1,765
Businesses
368
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Tracy Roberts • Keller Williams DRIVE
Mls Name: Greater Greenville AOR
Mls ID: #1573292