12 Fore AveGreenvilleSC29607
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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 Greenville at 12 Fore Ave, Greenville, SC, 29607 priced at $350,000 converts $2,118/mo rent into $35/mo cash flow after a $1,713/mo obligation. Total monthly income equals $2,118/mo, and annual cash flow totals $415/yr on $116,025 invested. Return on cash invested prints 20.27% in year one, and rental yield reads 7.26% against a $350,000 entry. Equity gained on principal adds $2,258/yr, while 5% annual appreciation compiles into $96,699 by year five. Five-year ROI reaches 104.45% and total cumulative return in cash sums $121,190. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,118/mo property income covering a $1,713/mo payment, not borrower’s personal income.
Single Family
Built in 1950
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29607, Greenville, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 25,875 (100%) |
| Owner Occupied HU | 10,843 (41.9%) |
| Renter Occupied HU | 12,647 (48.9%) |
| Vacant Housing Units | 2,385 ( 9.2%) |
| Median Home Value | $374,302 |
| Average Home Value | $461,847 |
Housing Distribution
Address Breakdown
Residential
24,585
Single Family
16,145
Multi-Family
8,440
Businesses
3,184
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Listed by: C Tim Keagy • BHHS C Dan Joyner - Midtown
Mls Name: Greater Greenville AOR
Mls Provider:
Mls ID: #1552795
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.