202 Pinion DrGreenwoodSC29649
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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 Greenwood at 202 Pinion Dr, Greenwood, SC, 29649 priced at $109,900 converts $851/mo rent into $197/mo cash flow after a $538/mo obligation. Total monthly income equals $851/mo, and annual cash flow totals $2,360/yr on $36,432 invested. Return on cash invested prints 26.39% in year one, and rental yield reads 9.29% against a $109,900 entry. Equity gained on principal adds $709/yr, while 5% annual appreciation compiles into $30,363 by year five. Five-year ROI reaches 137.36% and total cumulative return in cash sums $50,044. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $851/mo property income covering a $538/mo payment, not borrower’s personal income.
Manufactured
Built in 1997
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29649, Greenwood, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,573 (100%) |
| Owner Occupied HU | 8,071 (64.2%) |
| Renter Occupied HU | 3,448 (27.4%) |
| Vacant Housing Units | 1,054 ( 8.4%) |
| Median Home Value | $239,091 |
| Average Home Value | $287,801 |
Housing Distribution
Address Breakdown
Residential
12,380
Single Family
11,329
Multi-Family
1,051
Businesses
1,128
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Listed by: Tara Wise • Your Home Sold Guaranteed Realty - Kellar Lawrence
Mls Name: MLS Of Greenwood Sc Inc.
Mls ID: #132486