2 Creekside WayGreenvilleSC29609
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowFew Greenville rentals match the income profile of 2 Creekside Way, Greenville, SC, 29609. Listed at $178,710, gross rent is $1,954/mo and net cash flow is $851/mo, a 13.12% yield well above national averages. DSCR 2.43 means Ziffy Mortgage can approve your loan on the property's income alone, bypassing personal income verification. The 5% annual appreciation trend adds $49,374 by year five with $1,646/yr in annual principal reduction, projecting $122,548 in total cumulative return.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 13.1% | 4.2% |
| Monthly Cash Flow | $851 | $385 |
City averages based on Greenville market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,954 |
| Total Monthly Debt Service | $1,031 |
| DSCR Ratio | 1.89x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1983
1,280 sqft 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Single Family
Built in 1983
1,280 sqft 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A