226 Rock RdGreerSC29651
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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 Greer at 226 Rock Rd, Greer, SC, 29651 priced at $513,900 converts $3,401/mo rent into $342/mo cash flow after a $2,515/mo obligation. Total monthly income equals $3,401/mo, and annual cash flow totals $4,106/yr on $169,073 invested. Return on cash invested prints 22.49% in year one, and rental yield reads 7.94% against a $513,900 entry. Equity gained on principal adds $3,316/yr, while 5% annual appreciation compiles into $141,981 by year five. Five-year ROI reaches 116.35% and total cumulative return in cash sums $196,720. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,401/mo property income covering a $2,515/mo payment, not borrower’s personal income.
Single Family
Built in 1993
0.31 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29651, Greer, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 23,589 (100%) |
| Owner Occupied HU | 17,483 (74.1%) |
| Renter Occupied HU | 4,872 (20.7%) |
| Vacant Housing Units | 1,234 ( 5.2%) |
| Median Home Value | $327,690 |
| Average Home Value | $366,187 |
Housing Distribution
Address Breakdown
Residential
23,193
Single Family
22,545
Multi-Family
648
Businesses
992
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Listed by: Jonathan MacDonald • BHHS C Dan Joyner - Midtown
Mls Name: Greater Greenville AOR
Mls ID: #1571617