307 Poinsett Bridge WayGreenvilleSC29607
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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 Greenville at 307 Poinsett Bridge Way, Greenville, SC, 29607 offers $2,550/mo rent that, after a $1,674/mo payment, leaves $514/mo cash flow. Total monthly income is $2,550/mo, and annual cash flow is $6,169/yr on $113,351 cash. Return on cash invested measures 25.35% in year one, and rental yield stands at 8.95% at a $341,935 entry. Equity gained on principal adds $2,206/yr while 5% annual appreciation compounds into $94,470 by year five. Five-year ROI records 131.75% and total cumulative return in cash reaches $149,342. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,550/mo property income versus a $1,674/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in N/A
5,662 sqft 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
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Listed by: Debra DeSena • SM South Carolina Brokerage, L
Mls Name: Greater Greenville AOR
Mls ID: #1559913