1609 Rock House RdGreenwoodSC29646
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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 Greenwood at 1609 Rock House Rd, Greenwood, SC, 29646 uses $149,175 cash to close to unlock $117/yr annual cash flow and $10/mo monthly cash flow. Total monthly income runs $2,689/mo, and a $2,203/mo payment keeps the spread at $10/mo. Purchase price stands at $450,000, and rental yield measures 7.17% with $2,689/mo rent. Return on cash invested shows 19.99% in year one, and 5% annual appreciation builds toward $124,327 over five years. Five-year ROI reaches 102.95% and total cumulative return in cash records $153,582. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,689/mo property income covering a $2,203/mo payment rather than investor’s personal income.
Single Family
Built in 2018
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29646, Greenwood, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,087 (100%) |
| Owner Occupied HU | 6,689 (55.3%) |
| Renter Occupied HU | 4,340 (35.9%) |
| Vacant Housing Units | 1,058 ( 8.8%) |
| Median Home Value | $176,259 |
| Average Home Value | $244,779 |
Housing Distribution
Address Breakdown
Residential
11,449
Single Family
10,530
Multi-Family
919
Businesses
704
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Listed by: Scott Dimaio • Market House Realty, LLC
Mls Name: REALTORS of Greater Augusta
Mls ID: #546819