248 Ponder RdGreerSC29651
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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 Greer at 248 Ponder Rd, Greer, SC, 29651 earns $238/mo cash flow from $1,719/mo rent with a $1,218/mo payment. Total monthly income totals $1,719/mo, and annual cash flow totals $2,851/yr on $82,510 capital. ROI tracks 23.36% on current figures, and rental yield reads 8.29% at a $248,900 purchase. Equity gained on principal adds $1,606/yr, and 5% annual appreciation supports $68,766 over five years. Five-year ROI reaches 121.08% and total cumulative return in cash sums $99,901. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,719/mo property income instead of your personal income.
Manufactured
Built in N/A
1.04 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29651, Greer, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 23,589 (100%) |
| Owner Occupied HU | 17,483 (74.1%) |
| Renter Occupied HU | 4,872 (20.7%) |
| Vacant Housing Units | 1,234 ( 5.2%) |
| Median Home Value | $327,690 |
| Average Home Value | $366,187 |
Housing Distribution
Address Breakdown
Residential
23,193
Single Family
22,545
Multi-Family
648
Businesses
992
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices
No similar price properties found nearby.
Listed by: Scott Zannini • Foothills Property Group, LLC
Mls Name: Greater Greenville AOR
Mls Provider:
Mls ID: #1558901
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.