138 Shannon Lake CirGreenvilleSC29615
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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 Greenville at 138 Shannon Lake Cir, Greenville, SC, 29615 priced at $495,200 pairs $2,689/mo rent with after a $2,424/mo payment. Total monthly income equals $2,689/mo. Return on cash invested is 18.02% in year one, and rental yield stands at 6.52% on a $495,200 basis. Equity gained on principal adds $3,195/yr, and 5% annual appreciation accumulates to $136,815 by year five. Five-year ROI measures 92.37% and total cumulative return in cash reaches $151,633. For financing, Ziffy Mortgage’s DSCR program evaluates $2,689/mo property income against a $2,424/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1962
0.60 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29615, Greenville, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,522 (100%) |
| Owner Occupied HU | 10,413 (50.7%) |
| Renter Occupied HU | 8,450 (41.2%) |
| Vacant Housing Units | 1,659 ( 8.1%) |
| Median Home Value | $403,346 |
| Average Home Value | $456,036 |
Housing Distribution
Address Breakdown
Residential
19,028
Single Family
11,533
Multi-Family
7,495
Businesses
1,609
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Listed by: Joy Bailey • Joy Real Estate
Mls Name: Greater Greenville AOR
Mls ID: #1560463