231 E Park Ave APT BGreenvilleSC29601
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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 Greenville at 231 E Park Ave APT B, Greenville, SC, 29601 with 5% annual appreciation on a $384,000 basis while $1,831/mo rent supports operations. 63% in year one. Equity gained on principal adds $2,478/yr, and five-year appreciation sums $106,092 alongside rental yield of 5.72%. Five-year ROI measures 79.56% and total cumulative return in cash totals $101,276. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,831/mo property income versus a $1,879/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Townhouse
Built in 1983
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29601, Greenville, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,637 (100%) |
| Owner Occupied HU | 2,697 (28.0%) |
| Renter Occupied HU | 5,241 (54.4%) |
| Vacant Housing Units | 1,699 (17.6%) |
| Median Home Value | $595,087 |
| Average Home Value | $719,499 |
Housing Distribution
Address Breakdown
Residential
8,780
Single Family
4,683
Multi-Family
4,097
Businesses
1,624
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Listed by: Andrew Farley • North Group Real Estate
Mls Name: Greater Greenville AOR
Mls ID: #1573105