3204 Old Buncombe RdGreenvilleSC29609
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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 3204 Old Buncombe Rd, Greenville, SC, 29609 generates $2,652/mo in rent and, after a $2,012/mo payment, leaves $205/mo in cash flow. Total monthly income is $2,652/mo, and annual cash flow is $2,460/yr on $136,246 invested. Return on cash invested sits at 21.71% in year one, and rental yield is 7.74% on a $410,999 entry. Equity gained on principal adds $2,652/yr, while 5% annual appreciation builds toward $113,551 over five years. Five-year ROI reaches 112.24% and total cumulative return in cash sums $152,929. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,652/mo property income rather than buyer’s personal income.
Single Family
Built in N/A
0.30 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: Jenny Lamprea • Realty One Group Freedom Spartanburg
Mls Name: Greater Greenville AOR
Mls ID: #1574763