204 Durst Ave WGreenwoodSC29649
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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 Greenwood at 204 Durst Ave W, Greenwood, SC, 29649 uses $85,859 cash to close to unlock $9,923/yr annual cash flow and $827/mo monthly cash flow. Total monthly income runs $2,369/mo, and a $1,268/mo payment keeps the spread at $827/mo. Purchase price stands at $259,000, and rental yield measures 10.98% with $2,369/mo rent. Return on cash invested shows 31.47% in year one, and 5% annual appreciation builds toward $71,557 over five years. Five-year ROI reaches 164.51% and total cumulative return in cash records $141,244. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,369/mo property income covering a $1,268/mo payment rather than investor’s personal income.
Single Family
Built in 1925
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: Cheryl Ware • Keller Williams Greenwood
Mls Name: WUMLS
Mls ID: #20294407