23 Henderson RdGray CourtSC29645
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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 Gray Court at 23 Henderson Rd, Gray Court, SC, 29645 priced at $383,000 converts $1,080/mo rent into after a $1,875/mo obligation. Total monthly income equals $1,080/mo. Return on cash invested prints 8.56% in year one, and rental yield reads 3.38% against a $383,000 entry. Equity gained on principal adds $2,471/yr, while 5% annual appreciation compiles into $105,816 by year five. Five-year ROI reaches 41.7% and total cumulative return in cash sums $52,938. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,080/mo property income covering a $1,875/mo payment, not borrower’s personal income.
Single Family
Built in 2025
1.04 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29645, Gray Court, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,787 (100%) |
| Owner Occupied HU | 3,601 (75.2%) |
| Renter Occupied HU | 780 (16.3%) |
| Vacant Housing Units | 406 ( 8.5%) |
| Median Home Value | $230,785 |
| Average Home Value | $264,377 |
Housing Distribution
Address Breakdown
Residential
4,350
Single Family
4,349
Multi-Family
1
Businesses
127
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Listed by: Candace Pitts • IAG Property Group
Mls Name: Greater Greenville AOR
Mls ID: #1576390