242 Paperbark DrGreenvilleSC29607
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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 242 Paperbark Dr, Greenville, SC, 29607 offers a 7.78% rental yield on a $393,345 purchase with $2,550/mo rent. Total monthly income registers $2,550/mo, and a $1,925/mo payment leaves $209/mo available for distribution. Annual cash flow reaches $2,505/yr on $130,394 to close, and return on cash invested stands at 21.83% in year one. Equity gained on principal adds $2,538/yr while 5% annual appreciation supports $108,674 over five years. Portfolio math shows five-year ROI at 112.83% and total cumulative return in cash at $147,122. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,550/mo property income against a $1,925/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2025
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: Trina Montalbano • D.R. Horton
Mls Name: Greater Greenville AOR
Mls Provider:
Mls ID: #1566225
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.