126 Pennington Ln NGreenwoodSC29649
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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 126 Pennington Ln N, Greenwood, SC, 29649 generates $2,942/mo in rent and, after a $1,649/mo payment, leaves $936/mo in cash flow. Total monthly income is $2,942/mo, and annual cash flow is $11,237/yr on $111,682 invested. Return on cash invested sits at 29.97% in year one, and rental yield is 10.48% on a $336,900 entry. Equity gained on principal adds $2,174/yr, while 5% annual appreciation builds toward $93,079 over five years. Five-year ROI reaches 156.51% and total cumulative return in cash sums $174,797. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,942/mo property income rather than buyer’s personal income.
Single Family
Built in 2024
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29649, Greenwood, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,573 (100%) |
| Owner Occupied HU | 8,071 (64.2%) |
| Renter Occupied HU | 3,448 (27.4%) |
| Vacant Housing Units | 1,054 ( 8.4%) |
| Median Home Value | $239,091 |
| Average Home Value | $287,801 |
Housing Distribution
Address Breakdown
Residential
12,380
Single Family
11,329
Multi-Family
1,051
Businesses
1,128
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Listed by: Rebecca Harrison • RE/MAX Action
Mls Name: Greater Greenville AOR
Mls Provider:
Mls ID: #1538179
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.