251 Louisville DrGreenvilleSC29607
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 251 Louisville Dr, Greenville, SC, 29607 priced at $422,900 converts $2,712/mo rent into $194/mo cash flow after a $2,070/mo obligation. Total monthly income equals $2,712/mo, and annual cash flow totals $2,333/yr on $140,191 invested. Return on cash invested prints 21.57% in year one, and rental yield reads 7.7% against a $422,900 entry. Equity gained on principal adds $2,729/yr, while 5% annual appreciation compiles into $116,839 by year five. Five-year ROI reaches 111.47% and total cumulative return in cash sums $156,269. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,712/mo property income covering a $2,070/mo payment, not borrower’s personal income.
Townhouse
Built in 2006
N/A 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jonathan Rackley • Real Broker, LLC
Mls Name: Greater Greenville AOR
Mls ID: #1567296