405 Hunter StGreenwoodSC29646
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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 Greenwood at 405 Hunter St, Greenwood, SC, 29646 uses $39,780 cash to close to unlock $8,419/yr annual cash flow and $702/mo monthly cash flow. Total monthly income runs $1,418/mo, and a $587/mo payment keeps the spread at $702/mo. Purchase price stands at $120,000, and rental yield measures 14.18% with $1,418/mo rent. Return on cash invested shows 41.07% in year one, and 5% annual appreciation builds toward $33,154 over five years. Five-year ROI reaches 216.1% and total cumulative return in cash records $85,963. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,418/mo property income covering a $587/mo payment rather than investor’s personal income.
Single Family
Built in 1915
5,662 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29646, Greenwood, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,087 (100%) |
| Owner Occupied HU | 6,689 (55.3%) |
| Renter Occupied HU | 4,340 (35.9%) |
| Vacant Housing Units | 1,058 ( 8.8%) |
| Median Home Value | $176,259 |
| Average Home Value | $244,779 |
Housing Distribution
Address Breakdown
Residential
11,449
Single Family
10,530
Multi-Family
919
Businesses
704
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Listed by: Angel B Cockrell • Re/Max Action Realty
Mls Name: MLS Of Greenwood Sc Inc.
Mls ID: #132688
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.