17 Cunningham Point CtGreerSC29651
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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 Greer at 17 Cunningham Point Ct, Greer, SC, 29651 priced at $1,000,000 converts $2,536/mo rent into after a $4,895/mo obligation. Total monthly income equals $2,536/mo. Return on cash invested prints 7.6% in year one, and rental yield reads 3.04% against a $1,000,000 entry. Equity gained on principal adds $6,453/yr, while 5% annual appreciation compiles into $276,282 by year five. Five-year ROI reaches 36.47% and total cumulative return in cash sums $119,980. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,536/mo property income covering a $4,895/mo payment, not borrower’s personal income.
Single Family
Built in N/A
0.50 Acres lot
$N/A/sqft
No 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: Austin Ulich • Plenteous Real Estate, LLC
Mls Name: Greater Greenville AOR
Mls ID: #1572942