31 Joseph Mathis 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 31 Joseph Mathis Way, Greenville, SC, 29607 priced at $409,000 converts $2,930/mo rent into $495/mo cash flow after a $2,002/mo obligation. Total monthly income equals $2,930/mo, and annual cash flow totals $5,942/yr on $135,584 invested. Return on cash invested prints 24.29% in year one, and rental yield reads 8.6% against a $409,000 entry. Equity gained on principal adds $2,639/yr, while 5% annual appreciation compiles into $112,999 by year five. Five-year ROI reaches 126.07% and total cumulative return in cash sums $170,925. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,930/mo property income covering a $2,002/mo payment, not borrower’s personal income.
Single Family
Built in 2023
3,049 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: Kathryn Curtis • Coldwell Banker Caine/Williams
Mls Name: Greater Greenville AOR
Mls ID: #1574863