217 Forest LnGreenwoodSC29649
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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 Forest Ln, Greenwood, SC, 29649 earns $239/mo cash flow from $1,638/mo rent with a $1,150/mo payment. Total monthly income totals $1,638/mo, and annual cash flow totals $2,873/yr on $77,869 capital. ROI tracks 23.6% on current figures, and rental yield reads 8.37% at a $234,900 purchase. Equity gained on principal adds $1,516/yr, and 5% annual appreciation supports $64,899 over five years. Five-year ROI reaches 122.36% and total cumulative return in cash sums $95,277. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,638/mo property income instead of your personal income.
Single Family
Built in 1950
0.33 Acres lot
$N/A/sqft
No 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: Heather Lake • Exp Realty LLC (Greenville)
Mls Name: MLS Of Greenwood Sc Inc.
Mls ID: #132946