203 Palmetto CirGreerSC29651
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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 Greer at 203 Palmetto Cir, Greer, SC, 29651 offers $2,716/mo rent that, after a $1,535/mo payment, leaves $849/mo cash flow. Total monthly income is $2,716/mo, and annual cash flow is $10,189/yr on $103,958 cash. Return on cash invested measures 29.71% in year one, and rental yield stands at 10.39% at a $313,600 entry. Equity gained on principal adds $2,024/yr while 5% annual appreciation compounds into $86,642 by year five. Five-year ROI records 155.13% and total cumulative return in cash reaches $161,266. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,716/mo property income versus a $1,535/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1998
0.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29651, Greer, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 23,589 (100%) |
| Owner Occupied HU | 17,483 (74.1%) |
| Renter Occupied HU | 4,872 (20.7%) |
| Vacant Housing Units | 1,234 ( 5.2%) |
| Median Home Value | $327,690 |
| Average Home Value | $366,187 |
Housing Distribution
Address Breakdown
Residential
23,193
Single Family
22,545
Multi-Family
648
Businesses
992
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Nearby investment properties with comparable prices
Listed by: N/A • N/A
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