2111 River RdPiedmontSC29673
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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 Piedmont at 2111 River Rd, Piedmont, SC, 29673 with 5% annual appreciation on a $212,500 basis while $2,105/mo rent supports operations. Total monthly income totals $2,105/mo and a $1,040/mo payment preserves $829/mo for cash returns. Annual cash flow comes to $9,952/yr on $70,444 deployed, and return on cash invested reaches 34.04% in year one. Equity gained on principal adds $1,371/yr, and five-year appreciation sums $58,710 alongside rental yield of 11.89%. Five-year ROI measures 178.42% and total cumulative return in cash totals $125,684.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,105/mo property income versus a $1,040/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1954
1.21 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29673, Piedmont, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,431 (100%) |
| Owner Occupied HU | 9,512 (70.8%) |
| Renter Occupied HU | 3,101 (23.1%) |
| Vacant Housing Units | 818 ( 6.1%) |
| Median Home Value | $277,568 |
| Average Home Value | $332,050 |
Housing Distribution
Address Breakdown
Residential
13,462
Single Family
12,786
Multi-Family
676
Businesses
994
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Listed by: Lisa Murray • Keller Williams Greenville Central
Mls Name: Greater Greenville AOR
Mls Provider:
Mls ID: #1540881
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.