249 Ingleside WayGreenvilleSC29615
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash Flow249 Ingleside Way, Greenville, SC, 29615 in Greenville is a top-tier cash-flow asset. At $230,750 it produces $2,444/mo in rent and $848/mo in net monthly income, a 12.71% gross rental yield. The DSCR of 2.35 qualifies for Ziffy Mortgage's DSCR loan without W-2s or U.S. credit history. Annual cash flow: $10,175. Five-year appreciation adds $63,752, driving a total cumulative return of $142,756.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 12.7% | 4.2% |
| Monthly Cash Flow | $848 | $385 |
City averages based on Greenville market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,444 |
| Total Monthly Debt Service | $1,505 |
| DSCR Ratio | 1.62x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Condo
Built in N/A
1,306 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29615, Greenville, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,522 (100%) |
| Owner Occupied HU | 10,413 (50.7%) |
| Renter Occupied HU | 8,450 (41.2%) |
| Vacant Housing Units | 1,659 ( 8.1%) |
| Median Home Value | $403,346 |
| Average Home Value | $456,036 |
Housing Distribution
Address Breakdown
Residential
19,028
Single Family
11,533
Multi-Family
7,495
Businesses
1,609
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
Condo
Built in N/A
1,306 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29615, Greenville, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,522 (100%) |
| Owner Occupied HU | 10,413 (50.7%) |
| Renter Occupied HU | 8,450 (41.2%) |
| Vacant Housing Units | 1,659 ( 8.1%) |
| Median Home Value | $403,346 |
| Average Home Value | $456,036 |
Housing Distribution
Address Breakdown
Residential
19,028
Single Family
11,533
Multi-Family
7,495
Businesses
1,609
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jake Adams • Brand Name Real Estate Upstate
Mls Name: Greater Greenville AOR
Mls Provider:
Mls ID: #1560656
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.