120 Burberry Cres LOT 8GreenwoodSC29646
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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 Greenwood at 120 Burberry Cres LOT 8, Greenwood, SC, 29646 generates $3,000/mo in rent and, after a $1,412/mo payment, leaves $1,258/mo in cash flow. Total monthly income is $3,000/mo, and annual cash flow is $15,092/yr on $95,638 invested. Return on cash invested sits at 35.69% in year one, and rental yield is 12.48% on a $288,500 entry. Equity gained on principal adds $1,862/yr, while 5% annual appreciation builds toward $79,707 over five years. Five-year ROI reaches 187.28% and total cumulative return in cash sums $179,113. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,000/mo property income rather than buyer’s personal income.
Single Family
Built in 2025
0.68 Acres lot
$N/A/sqft
$300 annually 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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Listed by: Rebecca Harrison • Re/Max Action Realty
Mls Name: MLS Of Greenwood Sc Inc.
Mls ID: #132839
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.