3611 Pennington RdGreerSC29651
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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 3611 Pennington Rd, Greer, SC, 29651 earns $299/mo cash flow from $3,727/mo rent with a $2,819/mo payment. Total monthly income totals $3,727/mo, and annual cash flow totals $3,582/yr on $189,471 capital. ROI tracks 21.95% on current figures, and rental yield reads 7.77% at a $575,900 purchase. Equity gained on principal adds $3,716/yr, and 5% annual appreciation supports $159,111 over five years. Five-year ROI reaches 113.45% and total cumulative return in cash sums $214,949. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,727/mo property income instead of your personal income.
Single Family
Built in 1982
2.61 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29651, Greer, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 23,589 (100%) |
| Owner Occupied HU | 17,483 (74.1%) |
| Renter Occupied HU | 4,872 (20.7%) |
| Vacant Housing Units | 1,234 ( 5.2%) |
| Median Home Value | $327,690 |
| Average Home Value | $366,187 |
Housing Distribution
Address Breakdown
Residential
23,193
Single Family
22,545
Multi-Family
648
Businesses
992
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Listed by: Irina A Pasko • Affinity Group Realty
Mls Name: SAR
Mls ID: #330286