32 Ridgeway DrGreenvilleSC29605
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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 32 Ridgeway Dr, Greenville, SC, 29605 earns $316/mo cash flow from $1,774/mo rent with a $1,199/mo payment. Total monthly income totals $1,774/mo, and annual cash flow totals $3,790/yr on $81,184 capital. ROI tracks 24.58% on current figures, and rental yield reads 8.69% at a $244,900 purchase. Equity gained on principal adds $1,580/yr, and 5% annual appreciation supports $67,661 over five years. Five-year ROI reaches 127.57% and total cumulative return in cash sums $103,565. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,774/mo property income instead of your personal income.
Single Family
Built in 1967
0.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29605, Greenville, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,337 (100%) |
| Owner Occupied HU | 11,655 (63.6%) |
| Renter Occupied HU | 5,250 (28.6%) |
| Vacant Housing Units | 1,432 ( 7.8%) |
| Median Home Value | $335,159 |
| Average Home Value | $427,694 |
Housing Distribution
Address Breakdown
Residential
16,911
Single Family
15,927
Multi-Family
984
Businesses
1,116
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Listed by: Michael Jager • Keller Williams Realty
Mls Name: Greater Greenville AOR
Mls Provider:
Mls ID: #1543506
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.