122 Morrow StGreerSC29650
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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 Greer at 122 Morrow St, Greer, SC, 29650 priced at $425,000 pairs $2,704/mo rent with $174/mo cash flow after a $2,080/mo payment. Total monthly income equals $2,704/mo, and annual cash flow comes to $2,091/yr on $140,888 invested. Return on cash invested is 21.39% in year one, and rental yield stands at 7.63% on a $425,000 basis. Equity gained on principal adds $2,742/yr, and 5% annual appreciation accumulates to $117,420 by year five. Five-year ROI measures 110.52% and total cumulative return in cash reaches $155,705. For financing, Ziffy Mortgage’s DSCR program evaluates $2,704/mo property income against a $2,080/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2024
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29650, Greer, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,193 (100%) |
| Owner Occupied HU | 11,448 (66.6%) |
| Renter Occupied HU | 4,627 (26.9%) |
| Vacant Housing Units | 1,118 ( 6.5%) |
| Median Home Value | $402,689 |
| Average Home Value | $451,242 |
Housing Distribution
Address Breakdown
Residential
16,867
Single Family
13,870
Multi-Family
2,997
Businesses
1,238
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Listed by: Sandy Clayton • Real Broker, LLC
Mls Name: Greater Greenville AOR
Mls ID: #1568318