16 Rison RdGreenvilleSC29611
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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 16 Rison Rd, Greenville, SC, 29611 priced at $280,000 converts $1,660/mo rent into after a $1,370/mo obligation. Total monthly income equals $1,660/mo. Return on cash invested prints 19.83% in year one, and rental yield reads 7.11% against a $280,000 entry. Equity gained on principal adds $1,807/yr, while 5% annual appreciation compiles into $77,359 by year five. Five-year ROI reaches 102.09% and total cumulative return in cash sums $94,761. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,660/mo property income covering a $1,370/mo payment, not borrower’s personal income.
Single Family
Built in 1964
0.58 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29611, Greenville, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,930 (100%) |
| Owner Occupied HU | 7,523 (50.4%) |
| Renter Occupied HU | 5,856 (39.2%) |
| Vacant Housing Units | 1,551 (10.4%) |
| Median Home Value | $208,785 |
| Average Home Value | $270,819 |
Housing Distribution
Address Breakdown
Residential
13,167
Single Family
11,909
Multi-Family
1,258
Businesses
1,052
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Listed by: Ana Barron-Jimenez • Joanna K Realty Inc
Mls Name: Greater Greenville AOR
Mls ID: #1577335