219 E Avondale DrGreenvilleSC29609
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
Investment Highlights
Rental property for sale in Greenville at 219 E Avondale Dr, Greenville, SC, 29609 priced at $1,125,000 converts $3,261/mo rent into after a $5,506/mo obligation. Total monthly income equals $3,261/mo. Return on cash invested prints 9.06% in year one, and rental yield reads 3.48% against a $1,125,000 entry. Equity gained on principal adds $7,259/yr, while 5% annual appreciation compiles into $310,817 by year five. Five-year ROI reaches 44.25% and total cumulative return in cash sums $161,288. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,261/mo property income covering a $5,506/mo payment, not borrower’s personal income.
Single Family
Built in 1966
0.42 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29609, Greenville, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,139 (100%) |
| Owner Occupied HU | 8,452 (55.8%) |
| Renter Occupied HU | 5,371 (35.5%) |
| Vacant Housing Units | 1,316 ( 8.7%) |
| Median Home Value | $381,302 |
| Average Home Value | $448,236 |
Housing Distribution
Address Breakdown
Residential
14,067
Single Family
12,830
Multi-Family
1,237
Businesses
1,207
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Susan Dodds • BHHS C Dan Joyner - CBD
Mls Name: Greater Greenville AOR
Mls ID: #1566314