211 Milstead WayGreenvilleSC29615
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowIf cash-on-cash performance is your primary filter, 211 Milstead Way, Greenville, SC, 29615 in Greenville deserves attention. This $216,000 property earns $2,107/mo in rent, a 11.71% gross yield, and nets $821/mo after the $971/mo payment. DSCR 2.17 makes it one of the cleaner DSCR underwriting candidates Ziffy Mortgage sees in this market. Five-year appreciation of $59,677 compounds alongside $1,989/yr in yearly equity build, for a total cumulative return of $134,577.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 11.7% | 4.2% |
| Monthly Cash Flow | $821 | $385 |
City averages based on Greenville market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,107 |
| Total Monthly Debt Service | $1,200 |
| DSCR Ratio | 1.76x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1996
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29615, Greenville, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,522 (100%) |
| Owner Occupied HU | 10,413 (50.7%) |
| Renter Occupied HU | 8,450 (41.2%) |
| Vacant Housing Units | 1,659 ( 8.1%) |
| Median Home Value | $403,346 |
| Average Home Value | $456,036 |
Housing Distribution
Address Breakdown
Residential
19,028
Single Family
11,533
Multi-Family
7,495
Businesses
1,609
Nearby investment properties with comparable rents
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
Single Family
Built in 1996
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29615, Greenville, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,522 (100%) |
| Owner Occupied HU | 10,413 (50.7%) |
| Renter Occupied HU | 8,450 (41.2%) |
| Vacant Housing Units | 1,659 ( 8.1%) |
| Median Home Value | $403,346 |
| Average Home Value | $456,036 |
Housing Distribution
Address Breakdown
Residential
19,028
Single Family
11,533
Multi-Family
7,495
Businesses
1,609
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Kathryn Knott • Prime Realty, LLC
Mls Name: Greater Greenville AOR
Mls ID: #1567593