228 Circle DrGreenwoodSC29646
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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 228 Circle Dr, Greenwood, SC, 29646 with 5% annual appreciation on a $105,000 basis while $900/mo rent supports operations. Total monthly income totals $900/mo and a $514/mo payment preserves $275/mo for cash returns. Annual cash flow comes to $3,299/yr on $34,808 deployed, and return on cash invested reaches 29.39% in year one. Equity gained on principal adds $678/yr, and five-year appreciation sums $29,010 alongside rental yield of 10.29%. Five-year ROI measures 153.35% and total cumulative return in cash totals $53,378.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $900/mo property income versus a $514/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1949
2.60 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: Rick Ward • Bauer & Hart
Mls Name: MLS Of Greenwood Sc Inc.
Mls ID: #134958