402 Ridgepark LnGreenvilleSC29607
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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
Rental property for sale in Greenville at 402 Ridgepark Ln, Greenville, SC, 29607 generates $2,550/mo in rent and, after a $1,991/mo payment, leaves $128/mo in cash flow. Total monthly income is $2,550/mo, and annual cash flow is $1,542/yr on $134,854 invested. Return on cash invested sits at 21.05% in year one, and rental yield is 7.52% on a $406,800 entry. Equity gained on principal adds $2,625/yr, while 5% annual appreciation builds toward $112,391 over five years. Five-year ROI reaches 108.67% and total cumulative return in cash sums $146,547. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,550/mo property income rather than buyer’s personal income.
Single Family
Built in 2025
6,534 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29607, Greenville, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 25,875 (100%) |
| Owner Occupied HU | 10,843 (41.9%) |
| Renter Occupied HU | 12,647 (48.9%) |
| Vacant Housing Units | 2,385 ( 9.2%) |
| Median Home Value | $374,302 |
| Average Home Value | $461,847 |
Housing Distribution
Address Breakdown
Residential
24,585
Single Family
16,145
Multi-Family
8,440
Businesses
3,184
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Listed by: Anthony Kent • Cothran Homes, LLC
Mls Name: Greater Greenville AOR
Mls ID: #1564418