217 Chatham CtGreenwoodSC29649
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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 Greenwood at 217 Chatham Ct, Greenwood, SC, 29649 uses $91,163 cash to close to unlock $2,982/yr annual cash flow and $248/mo monthly cash flow. Total monthly income runs $1,900/mo, and a $1,346/mo payment keeps the spread at $248/mo. Purchase price stands at $275,000, and rental yield measures 8.29% with $1,900/mo rent. Return on cash invested shows 23.18% in year one, and 5% annual appreciation builds toward $75,977 over five years. Five-year ROI reaches 120.15% and total cumulative return in cash records $109,535. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,900/mo property income covering a $1,346/mo payment rather than investor’s personal income.
Single Family
Built in 1986
0.62 Acres lot
$N/A/sqft
$174 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29649, Greenwood, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,573 (100%) |
| Owner Occupied HU | 8,071 (64.2%) |
| Renter Occupied HU | 3,448 (27.4%) |
| Vacant Housing Units | 1,054 ( 8.4%) |
| Median Home Value | $239,091 |
| Average Home Value | $287,801 |
Housing Distribution
Address Breakdown
Residential
12,380
Single Family
11,329
Multi-Family
1,051
Businesses
1,128
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Listed by: Curtis Harper • Sirius Realty LLC
Mls Name: Consolidated MLS
Mls Provider:
Mls ID: #617882
Disclaimer: IDX listing data provided courtesy of Consolidated MLS - Columbia, SC