223 Abbey 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 223 Abbey Ln, Greenwood, SC, 29649 offers a 8.02% rental yield on a $175,000 purchase with $1,170/mo rent. Total monthly income registers $1,170/mo, and a $857/mo payment leaves $128/mo available for distribution. Annual cash flow reaches $1,534/yr on $58,013 to close, and return on cash invested stands at 22.55% in year one. Equity gained on principal adds $1,129/yr while 5% annual appreciation supports $48,349 over five years. Portfolio math shows five-year ROI at 116.72% and total cumulative return in cash at $67,711. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,170/mo property income against a $857/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1983
N/A 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: Benjamin 'kellar' Lawrence • Your Home Sold Guaranteed Realty
Mls Name: My State MLS
Mls ID: #11630343