1218 Saddle Hill RdGreenwoodSC29646
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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 1218 Saddle Hill Rd, Greenwood, SC, 29646 generates $3,000/mo in rent and, after a $2,344/mo payment, leaves $143/mo in cash flow. Total monthly income is $3,000/mo, and annual cash flow is $1,712/yr on $158,789 invested. Return on cash invested sits at 20.99% in year one, and rental yield is 7.52% on a $479,000 entry. Equity gained on principal adds $3,091/yr, while 5% annual appreciation builds toward $132,339 over five years. Five-year ROI reaches 108.33% and total cumulative return in cash sums $172,023. 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 1989
3.27 Acres lot
$N/A/sqft
$77 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: Amanda Lantz • Mcclendon Realty LLC
Mls Name: MLS Of Greenwood Sc Inc.
Mls ID: #132449
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.