159 Pelham Glen WayGreerSC29651
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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
Investment property for sale in Greer at 159 Pelham Glen Way, Greer, SC, 29651 with 5% annual appreciation on a $475,000 basis while $2,995/mo rent supports operations. Total monthly income totals $2,995/mo and a $2,325/mo payment preserves $55/mo for cash returns. Annual cash flow comes to $655/yr on $157,463 deployed, and return on cash invested reaches 20.32% in year one. Equity gained on principal adds $3,065/yr, and five-year appreciation sums $131,234 alongside rental yield of 7.57%. Five-year ROI measures 105.08% and total cumulative return in cash totals $165,463.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,995/mo property income versus a $2,325/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2020
6,534 sqft lot
$N/A/sqft
$550 annually 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
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Listed by: Meredith Tye • Coldwell Banker Caine
Mls Name: SAR
Mls Provider:
Mls ID: #321760
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.