24 White Horse Road ExtGreenvilleSC29605
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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 24 White Horse Road Ext, Greenville, SC, 29605 priced at $178,000 converts $1,596/mo rent into $537/mo cash flow after a $871/mo obligation. Total monthly income equals $1,596/mo, and annual cash flow totals $6,439/yr on $59,007 invested. Return on cash invested prints 30.82% in year one, and rental yield reads 10.76% against a $178,000 entry. Equity gained on principal adds $1,149/yr, while 5% annual appreciation compiles into $49,178 by year five. Five-year ROI reaches 161.09% and total cumulative return in cash sums $95,053. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,596/mo property income covering a $871/mo payment, not borrower’s personal income.
Single Family
Built in 1950
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29605, Greenville, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,337 (100%) |
| Owner Occupied HU | 11,655 (63.6%) |
| Renter Occupied HU | 5,250 (28.6%) |
| Vacant Housing Units | 1,432 ( 7.8%) |
| Median Home Value | $335,159 |
| Average Home Value | $427,694 |
Housing Distribution
Address Breakdown
Residential
16,911
Single Family
15,927
Multi-Family
984
Businesses
1,116
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Listed by: Yolanda Babb • TLCOX and Company
Mls Name: Greater Greenville AOR
Mls ID: #1576206