351 Chapelwood WayGreenvilleSC29605
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 351 Chapelwood Way, Greenville, SC, 29605 priced at $245,900 converts $2,340/mo rent into $876/mo cash flow after a $1,204/mo obligation. Total monthly income equals $2,340/mo, and annual cash flow totals $10,509/yr on $81,516 invested. Return on cash invested prints 32.8% in year one, and rental yield reads 11.42% against a $245,900 entry. Equity gained on principal adds $1,587/yr, while 5% annual appreciation compiles into $67,938 by year five. Five-year ROI reaches 171.67% and total cumulative return in cash sums $139,939. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,340/mo property income covering a $1,204/mo payment, not borrower’s personal income.
Townhouse
Built in N/A
1,742 sqft 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Trina Montalbano • D.R. Horton
Mls Name: Greater Greenville AOR
Mls Provider:
Mls ID: #1544349
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.