202 Greenwood HwySaludaSC29138
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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 Saluda at 202 Greenwood Hwy, Saluda, SC, 29138 with 5% annual appreciation on a $235,000 basis while $1,847/mo rent supports operations. Total monthly income totals $1,847/mo and a $1,150/mo payment preserves $448/mo for cash returns. Annual cash flow comes to $5,380/yr on $77,903 deployed, and return on cash invested reaches 26.81% in year one. Equity gained on principal adds $1,516/yr, and five-year appreciation sums $64,926 alongside rental yield of 9.43%. Five-year ROI measures 139.61% and total cumulative return in cash totals $108,760.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,847/mo property income versus a $1,150/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in N/A
0.68 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29138, Saluda, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,560 (100%) |
| Owner Occupied HU | 2,876 (63.1%) |
| Renter Occupied HU | 1,086 (23.8%) |
| Vacant Housing Units | 598 (13.1%) |
| Median Home Value | $117,471 |
| Average Home Value | $186,982 |
Housing Distribution
Address Breakdown
Residential
4,141
Single Family
4,058
Multi-Family
83
Businesses
361
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Listed by: Norma Edwards • North Group Real Estate
Mls Name: Greater Greenville AOR
Mls ID: #1577188