221 Kondros CirGreenvilleSC29611
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayInvestors who prioritise long-run asset value over immediate income should consider 221 Kondros Cir, Greenville, SC, 29611 in Greenville. Rental yield 2.16%. At $770,000 with 2.16% gross yield, current distributions are modest, but the 5% appreciation rate projects $212,737 in new equity by year five, complemented by $7,092/yr in principal paydown. Ziffy Mortgage's DSCR loan (0.40) allows non-U.S. residents to acquire without W-2s or domestic credit. Total projected five-year cumulative return: $85,616.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 2.2% | 4.2% |
| Monthly Cash Flow | $(3,195) | $385 |
City averages based on Greenville market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,388 |
| Total Monthly Debt Service | $4,277 |
| DSCR Ratio | 0.32x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1930
32.90 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29611, Greenville, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,930 (100%) |
| Owner Occupied HU | 7,523 (50.4%) |
| Renter Occupied HU | 5,856 (39.2%) |
| Vacant Housing Units | 1,551 (10.4%) |
| Median Home Value | $208,785 |
| Average Home Value | $270,819 |
Housing Distribution
Address Breakdown
Residential
13,167
Single Family
11,909
Multi-Family
1,258
Businesses
1,052
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
Single Family
Built in 1930
32.90 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29611, Greenville, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,930 (100%) |
| Owner Occupied HU | 7,523 (50.4%) |
| Renter Occupied HU | 5,856 (39.2%) |
| Vacant Housing Units | 1,551 (10.4%) |
| Median Home Value | $208,785 |
| Average Home Value | $270,819 |
Housing Distribution
Address Breakdown
Residential
13,167
Single Family
11,909
Multi-Family
1,258
Businesses
1,052
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Barbara McFerron • Engage Real Estate Group
Mls Name: Greater Greenville AOR
Mls Provider:
Mls ID: #1516143
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.