304 School StGreerSC29651
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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
Rental property for sale in Greer at 304 School St, Greer, SC, 29651 priced at $329,900 pairs $1,555/mo rent with after a $1,615/mo payment. Total monthly income equals $1,555/mo. Return on cash invested is 15.42% in year one, and rental yield stands at 5.66% on a $329,900 basis. Equity gained on principal adds $2,129/yr, and 5% annual appreciation accumulates to $91,145 by year five. Five-year ROI measures 78.45% and total cumulative return in cash reaches $85,791. For financing, Ziffy Mortgage’s DSCR program evaluates $1,555/mo property income against a $1,615/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1955
0.25 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
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Listed by: CHRISTOPHER PRYOR • SERVUS REALTY GROUP
Mls Name: SAR
Mls ID: #330154