206 Creektop CtGreenvilleSC29605
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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 Greenville at 206 Creektop Ct, Greenville, SC, 29605 priced at $179,000 converts $1,319/mo rent into $254/mo cash flow after a $876/mo obligation. Total monthly income equals $1,319/mo, and annual cash flow totals $3,043/yr on $59,339 invested. Return on cash invested prints 25.04% in year one, and rental yield reads 8.84% against a $179,000 entry. Equity gained on principal adds $1,155/yr, while 5% annual appreciation compiles into $49,454 by year five. Five-year ROI reaches 130.06% and total cumulative return in cash sums $77,175. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,319/mo property income covering a $876/mo payment, not borrower’s personal income.
Manufactured
Built in N/A
0.35 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29605, Greenville, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,337 (100%) |
| Owner Occupied HU | 11,655 (63.6%) |
| Renter Occupied HU | 5,250 (28.6%) |
| Vacant Housing Units | 1,432 ( 7.8%) |
| Median Home Value | $335,159 |
| Average Home Value | $427,694 |
Housing Distribution
Address Breakdown
Residential
16,911
Single Family
15,927
Multi-Family
984
Businesses
1,116
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Listed by: Jonathan Anderson • Akers and Associates
Mls Name: Greater Greenville AOR
Mls ID: #1578965