216 Spring Crossing CirGreerSC29650
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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
Rental property for sale in Greer at 216 Spring Crossing Cir, Greer, SC, 29650 priced at $207,000 pairs $1,811/mo rent with $579/mo cash flow after a $1,013/mo payment. Total monthly income equals $1,811/mo, and annual cash flow comes to $6,947/yr on $68,621 invested. Return on cash invested is 30.03% in year one, and rental yield stands at 10.5% on a $207,000 basis. Equity gained on principal adds $1,336/yr, and 5% annual appreciation accumulates to $57,190 by year five. Five-year ROI measures 156.81% and total cumulative return in cash reaches $107,602. For financing, Ziffy Mortgage’s DSCR program evaluates $1,811/mo property income against a $1,013/mo payment instead of your W2s, 1099s, or Tax returns.
Townhouse
Built in 2004
1,742 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29650, Greer, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,193 (100%) |
| Owner Occupied HU | 11,448 (66.6%) |
| Renter Occupied HU | 4,627 (26.9%) |
| Vacant Housing Units | 1,118 ( 6.5%) |
| Median Home Value | $402,689 |
| Average Home Value | $451,242 |
Housing Distribution
Address Breakdown
Residential
16,867
Single Family
13,870
Multi-Family
2,997
Businesses
1,238
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Listed by: Tyler Polk • Access Realty, LLC
Mls Name: Greater Greenville AOR
Mls Provider:
Mls ID: #1540493
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.