305 Riverland WayGreerSC29651
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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 305 Riverland Way, Greer, SC, 29651 generates $2,892/mo in rent, after a $3,956/mo payment. Total monthly income is $2,892/mo. Return on cash invested sits at 11.4% in year one, and rental yield is 4.29% on a $808,239 entry. Equity gained on principal adds $5,215/yr, while 5% annual appreciation builds toward $223,302 over five years. Five-year ROI reaches 56.86% and total cumulative return in cash sums $151,190. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,892/mo property income rather than buyer’s personal income.
Single Family
Built in 2025
N/A 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: N/A • Lennar
Mls Name: Lennar Homes
Mls Provider:
Mls ID: #N/A