1901 Old Mountain Creek RdGreenvilleSC29609
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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 Greenville at 1901 Old Mountain Creek Rd, Greenville, SC, 29609 uses $111,053 cash to close to unlock $1,998/yr annual cash flow and $166/mo monthly cash flow. Total monthly income runs $2,161/mo, and a $1,640/mo payment keeps the spread at $166/mo. Purchase price stands at $335,000, and rental yield measures 7.74% with $2,161/mo rent. Return on cash invested shows 21.71% in year one, and 5% annual appreciation builds toward $92,554 over five years. Five-year ROI reaches 112.2% and total cumulative return in cash records $124,604. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,161/mo property income covering a $1,640/mo payment rather than investor’s personal income.
Multi Family
Built in 1998
0.37 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29609, Greenville, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,139 (100%) |
| Owner Occupied HU | 8,452 (55.8%) |
| Renter Occupied HU | 5,371 (35.5%) |
| Vacant Housing Units | 1,316 ( 8.7%) |
| Median Home Value | $381,302 |
| Average Home Value | $448,236 |
Housing Distribution
Address Breakdown
Residential
14,067
Single Family
12,830
Multi-Family
1,237
Businesses
1,207
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Listed by: Jonathan Minerick • Homecoin.com
Mls Name: Greater Greenville AOR
Mls ID: #1575930