205 Castle Creek DrGreerSC29651
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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 Greer at 205 Castle Creek Dr, Greer, SC, 29651 priced at $515,000 converts $3,811/mo rent into $745/mo cash flow after a $2,521/mo obligation. Total monthly income equals $3,811/mo, and annual cash flow totals $8,940/yr on $169,435 invested. Return on cash invested prints 25.34% in year one, and rental yield reads 8.88% against a $515,000 entry. Equity gained on principal adds $3,323/yr, while 5% annual appreciation compiles into $142,285 by year five. Five-year ROI reaches 131.58% and total cumulative return in cash sums $222,949. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,811/mo property income covering a $2,521/mo payment, not borrower’s personal income.
Single Family
Built in 2009
0.42 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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Listed by: Eddie Burch • BHHS C.Dan Joyner-Woodruff Rd
Mls Name: Greater Greenville AOR
Mls Provider:
Mls ID: #1563317
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.