312 Edgemont AveGreenvilleSC29617
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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
Investment property for sale in Greenville at 312 Edgemont Ave, Greenville, SC, 29617 uses $55,029 cash to close to unlock $5,315/yr annual cash flow and $443/mo monthly cash flow. Total monthly income runs $1,506/mo, and a $812/mo payment keeps the spread at $443/mo. Purchase price stands at $166,000, and rental yield measures 10.89% with $1,506/mo rent. Return on cash invested shows 29.57% in year one, and 5% annual appreciation builds toward $45,863 over five years. Five-year ROI reaches 154.92% and total cumulative return in cash records $85,249. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,506/mo property income covering a $812/mo payment rather than investor’s personal income.
Single Family
Built in N/A
0.46 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29617, Greenville, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,678 (100%) |
| Owner Occupied HU | 8,361 (61.1%) |
| Renter Occupied HU | 4,476 (32.7%) |
| Vacant Housing Units | 841 ( 6.1%) |
| Median Home Value | $247,851 |
| Average Home Value | $301,832 |
Housing Distribution
Address Breakdown
Residential
12,919
Single Family
11,154
Multi-Family
1,765
Businesses
368
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Listed by: Mark Kingsbury • RE/MAX Reach
Mls Name: Greater Greenville AOR
Mls Provider:
Mls ID: #1557963
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.