407 Hampton RdGreerSC29651
INVESTMENT ANALYSIS
Investment Verdict
Solid Income407 Hampton Rd, Greer, SC, 29651 in Greer is a solid income-producing rental, 9.58% gross yield, $1,595/mo rent, $405/mo net cash flow on a $199,800 buy. DSCR 1.78 qualifies the property for Ziffy Mortgage's financing without personal income documentation. Five-year appreciation of $55,201 and $1,840/yr in principal reduction project a total cumulative return of $101,705.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.6% | 5.8% |
| Monthly Cash Flow | $405 | $485 |
City averages based on Greer market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,595 |
| Total Monthly Debt Service | $1,110 |
| DSCR Ratio | 1.44x |
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.
Single Family
Built in N/A
0.50 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
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
Single Family
Built in N/A
0.50 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Barry Cain • Blackstream International RE
Mls Name: Greater Greenville AOR
Mls ID: #1570375