121 Lamplighter DrGreerSC29651
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 Greer at 121 Lamplighter Dr, Greer, SC, 29651 offers a 14.5% rental yield on a $145,100 purchase with $1,753/mo rent. Total monthly income registers $1,753/mo, and a $710/mo payment leaves $889/mo available for distribution. Annual cash flow reaches $10,673/yr on $48,101 to close, and return on cash invested stands at 42.1% in year one. Equity gained on principal adds $936/yr while 5% annual appreciation supports $40,088 over five years. Portfolio math shows five-year ROI at 221.59% and total cumulative return in cash at $106,588. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,753/mo property income against a $710/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Manufactured
Built in 1987
N/A 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A