2 Forest CirGreenvilleSC29617
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
Investment Highlights
Rental property for sale in Greenville at 2 Forest Cir, Greenville, SC, 29617 priced at $184,500 pairs $1,495/mo rent with $397/mo cash flow after a $903/mo payment. Total monthly income equals $1,495/mo, and annual cash flow comes to $4,761/yr on $61,162 invested. Return on cash invested is 27.69% in year one, and rental yield stands at 9.72% on a $184,500 basis. Equity gained on principal adds $1,191/yr, and 5% annual appreciation accumulates to $50,974 by year five. Five-year ROI measures 144.29% and total cumulative return in cash reaches $88,250. For financing, Ziffy Mortgage’s DSCR program evaluates $1,495/mo property income against a $903/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1961
0.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29617, Greenville, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,678 (100%) |
| Owner Occupied HU | 8,361 (61.1%) |
| Renter Occupied HU | 4,476 (32.7%) |
| Vacant Housing Units | 841 ( 6.1%) |
| Median Home Value | $247,851 |
| Average Home Value | $301,832 |
Housing Distribution
Address Breakdown
Residential
12,919
Single Family
11,154
Multi-Family
1,765
Businesses
368
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Nearby investment properties with comparable prices
Listed by: N/A • N/A
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