3706 E North St APT M1GreenvilleSC29615
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowDay-one income is the story at 3706 E North St APT M1, Greenville, SC, 29615 in Greenville. Priced at $150,000, it generates $1,948/mo in gross rent and $1,055/mo in net monthly cash flow, a 15.58% yield that comfortably supports the 2.89 DSCR needed for Ziffy Mortgage's no-W2 DSCR mortgage. Projected annual cash flow: $12,656. Five-year appreciation: $41,442. Equity from principal paydown: $1,382/yr. Total projected cumulative return: $124,688.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 15.6% | 4.2% |
| Monthly Cash Flow | $1,055 | $385 |
City averages based on Greenville market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,948 |
| Total Monthly Debt Service | $833 |
| DSCR Ratio | 2.34x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Condo
Built in N/A
625 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29615, Greenville, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,522 (100%) |
| Owner Occupied HU | 10,413 (50.7%) |
| Renter Occupied HU | 8,450 (41.2%) |
| Vacant Housing Units | 1,659 ( 8.1%) |
| Median Home Value | $403,346 |
| Average Home Value | $456,036 |
Housing Distribution
Address Breakdown
Residential
19,028
Single Family
11,533
Multi-Family
7,495
Businesses
1,609
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
Condo
Built in N/A
625 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29615, Greenville, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,522 (100%) |
| Owner Occupied HU | 10,413 (50.7%) |
| Renter Occupied HU | 8,450 (41.2%) |
| Vacant Housing Units | 1,659 ( 8.1%) |
| Median Home Value | $403,346 |
| Average Home Value | $456,036 |
Housing Distribution
Address Breakdown
Residential
19,028
Single Family
11,533
Multi-Family
7,495
Businesses
1,609
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Karen Turpin • Marchant Real Estate Inc.
Mls Name: Greater Greenville AOR
Mls Provider:
Mls ID: #1560017
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.