401 Welcome AveGreenvilleSC29611
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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 Greenville at 401 Welcome Ave, Greenville, SC, 29611 at $227,000 posts ROI 21.93% with $127/mo cash flow from $1,478/mo rent. Total monthly income equals $1,478/mo, and annual cash flow records $1,521/yr on $75,251 to close. Return on cash invested measures 21.93% and rental yield reads 7.81% at the current $227,000. Equity gained on principal adds $1,465/yr, and 5% annual appreciation supports $62,716 by year five. Five-year ROI prints 113.38% and total cumulative return in cash totals $85,321.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,478/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in N/A
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29611, Greenville, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,930 (100%) |
| Owner Occupied HU | 7,523 (50.4%) |
| Renter Occupied HU | 5,856 (39.2%) |
| Vacant Housing Units | 1,551 (10.4%) |
| Median Home Value | $208,785 |
| Average Home Value | $270,819 |
Housing Distribution
Address Breakdown
Residential
13,167
Single Family
11,909
Multi-Family
1,258
Businesses
1,052
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Listed by: Joseph Kirton • North Group Real Estate
Mls Name: Greater Greenville AOR
Mls ID: #1562676