23 N Greenwood Avenue ExtWare ShoalsSC29692
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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 Ware Shoals at 23 N Greenwood Avenue Ext, Ware Shoals, SC, 29692 with 5% annual appreciation on a $215,000 basis while $1,510/mo rent supports operations. Total monthly income totals $1,510/mo and a $1,052/mo payment preserves $230/mo for cash returns. Annual cash flow comes to $2,766/yr on $71,273 deployed, and return on cash invested reaches 23.79% in year one. Equity gained on principal adds $1,387/yr, and five-year appreciation sums $59,401 alongside rental yield of 8.43%. Five-year ROI measures 123.38% and total cumulative return in cash totals $87,937.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,510/mo property income versus a $1,052/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1947
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29692, Ware Shoals, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,334 (100%) |
| Owner Occupied HU | 1,482 (63.5%) |
| Renter Occupied HU | 472 (20.2%) |
| Vacant Housing Units | 380 (16.3%) |
| Median Home Value | $108,929 |
| Average Home Value | $164,098 |
Housing Distribution
Address Breakdown
Residential
1,985
Single Family
1,957
Multi-Family
28
Businesses
130
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Listed by: Jose Vazquez Sandoval • RE/MAX ACTION REALTY
Mls Name: MLS Of Greenwood Sc Inc.
Mls ID: #134804