2408 Old Parker RdGreenvilleSC29609
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 2408 Old Parker Rd, Greenville, SC, 29609 generates $2,922/mo in rent, after a $2,427/mo payment. Total monthly income is $2,922/mo. Return on cash invested sits at 19.69% in year one, and rental yield is 7.07% on a $495,900 entry. Equity gained on principal adds $3,200/yr, while 5% annual appreciation builds toward $137,008 over five years. Five-year ROI reaches 101.38% and total cumulative return in cash sums $166,661. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,922/mo property income rather than buyer’s personal income.
Single Family
Built in N/A
4.90 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29609, Greenville, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,139 (100%) |
| Owner Occupied HU | 8,452 (55.8%) |
| Renter Occupied HU | 5,371 (35.5%) |
| Vacant Housing Units | 1,316 ( 8.7%) |
| Median Home Value | $381,302 |
| Average Home Value | $448,236 |
Housing Distribution
Address Breakdown
Residential
14,067
Single Family
12,830
Multi-Family
1,237
Businesses
1,207
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Debbie Burger • Jackson Stanley, REALTORS
Mls Name: Greater Greenville AOR
Mls ID: #1565126