222 Creswell Ave EGreenwoodSC29646
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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 Greenwood at 222 Creswell Ave E, Greenwood, SC, 29646 priced at $215,900 converts $1,531/mo rent into $246/mo cash flow after a $1,057/mo obligation. Total monthly income equals $1,531/mo, and annual cash flow totals $2,946/yr on $71,571 invested. Return on cash invested prints 24.03% in year one, and rental yield reads 8.51% against a $215,900 entry. Equity gained on principal adds $1,393/yr, while 5% annual appreciation compiles into $59,649 by year five. Five-year ROI reaches 124.64% and total cumulative return in cash sums $89,204. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,531/mo property income covering a $1,057/mo payment, not borrower’s personal income.
Single Family
Built in 1900
0.31 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29646, Greenwood, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,087 (100%) |
| Owner Occupied HU | 6,689 (55.3%) |
| Renter Occupied HU | 4,340 (35.9%) |
| Vacant Housing Units | 1,058 ( 8.8%) |
| Median Home Value | $176,259 |
| Average Home Value | $244,779 |
Housing Distribution
Address Breakdown
Residential
11,449
Single Family
10,530
Multi-Family
919
Businesses
704
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Listed by: Drew Warfuel • Keller Williams Realty
Mls Name: MLS Of Greenwood Sc Inc.
Mls ID: #132433