309 Summit DrGreenvilleSC29609
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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 309 Summit Dr, Greenville, SC, 29609 generates $3,893/mo in rent, after a $3,671/mo payment. Total monthly income is $3,893/mo. Return on cash invested sits at 17.28% in year one, and rental yield is 6.23% on a $750,000 entry. Equity gained on principal adds $4,840/yr, while 5% annual appreciation builds toward $207,211 over five years. Five-year ROI reaches 88.4% and total cumulative return in cash sums $218,130. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,893/mo property income rather than buyer’s personal income.
Single Family
Built in N/A
0.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29609, Greenville, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,139 (100%) |
| Owner Occupied HU | 8,452 (55.8%) |
| Renter Occupied HU | 5,371 (35.5%) |
| Vacant Housing Units | 1,316 ( 8.7%) |
| Median Home Value | $381,302 |
| Average Home Value | $448,236 |
Housing Distribution
Address Breakdown
Residential
14,067
Single Family
12,830
Multi-Family
1,237
Businesses
1,207
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Listed by: Bryce Bridwell • Keller Williams Grv Upst
Mls Name: Greater Greenville AOR
Mls Provider:
Mls ID: #1570179
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.