23 Whitethorn LnGreenvilleSC29607
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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 Greenville at 23 Whitethorn Ln, Greenville, SC, 29607 priced at $342,500 converts $2,645/mo rent into $607/mo cash flow after a $1,676/mo obligation. Total monthly income equals $2,645/mo, and annual cash flow totals $7,278/yr on $113,539 invested. Return on cash invested prints 26.32% in year one, and rental yield reads 9.27% against a $342,500 entry. Equity gained on principal adds $2,210/yr, while 5% annual appreciation compiles into $94,626 by year five. Five-year ROI reaches 136.92% and total cumulative return in cash sums $155,459. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,645/mo property income covering a $1,676/mo payment, not borrower’s personal income.
Single Family
Built in 2007
6,098 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29607, Greenville, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 25,875 (100%) |
| Owner Occupied HU | 10,843 (41.9%) |
| Renter Occupied HU | 12,647 (48.9%) |
| Vacant Housing Units | 2,385 ( 9.2%) |
| Median Home Value | $374,302 |
| Average Home Value | $461,847 |
Housing Distribution
Address Breakdown
Residential
24,585
Single Family
16,145
Multi-Family
8,440
Businesses
3,184
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Listed by: Kimberly Roberts • BHHS C Dan Joyner - Midtown
Mls Name: Greater Greenville AOR
Mls ID: #1562626