240 Rocky Slope RdGreenvilleSC29607
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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 240 Rocky Slope Rd, Greenville, SC, 29607 priced at $485,000 pairs $2,371/mo rent with after a $2,374/mo payment. Total monthly income equals $2,371/mo. Return on cash invested is 16.06% in year one, and rental yield stands at 5.87% on a $485,000 basis. Equity gained on principal adds $3,130/yr, and 5% annual appreciation accumulates to $133,997 by year five. Five-year ROI measures 81.87% and total cumulative return in cash reaches $131,630. For financing, Ziffy Mortgage’s DSCR program evaluates $2,371/mo property income against a $2,374/mo payment instead of your W2s, 1099s, or Tax returns.
Townhouse
Built in 2017
1,742 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: Dina Elm • BHHS C Dan Joyner - Midtown
Mls Name: Greater Greenville AOR
Mls ID: #1560672