33 Mendham LnGreerSC29650
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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 Greer at 33 Mendham Ln, Greer, SC, 29650 with 5% annual appreciation on a $292,500 basis while $1,834/mo rent supports operations. Total monthly income totals $1,834/mo and a $1,432/mo payment preserves $72/mo for cash returns. Annual cash flow comes to $867/yr on $96,964 deployed, and return on cash invested reaches 20.8% in year one. Equity gained on principal adds $1,887/yr, and five-year appreciation sums $80,812 alongside rental yield of 7.52%. Five-year ROI measures 107.46% and total cumulative return in cash totals $104,193.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,834/mo property income versus a $1,432/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2020
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29650, Greer, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,193 (100%) |
| Owner Occupied HU | 11,448 (66.6%) |
| Renter Occupied HU | 4,627 (26.9%) |
| Vacant Housing Units | 1,118 ( 6.5%) |
| Median Home Value | $402,689 |
| Average Home Value | $451,242 |
Housing Distribution
Address Breakdown
Residential
16,867
Single Family
13,870
Multi-Family
2,997
Businesses
1,238
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Listed by: Barry Cain • Blackstream International RE
Mls Name: Greater Greenville AOR
Mls Provider:
Mls ID: #1553071
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.