408 N Main StGreerSC29650
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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 Greer at 408 N Main St, Greer, SC, 29650 earns from $2,165/mo rent with a $2,457/mo payment. Total monthly income totals $2,165/mo. ROI tracks 14.08% on current figures, and rental yield reads 5.18% at a $502,000 purchase. Equity gained on principal adds $3,239/yr, and 5% annual appreciation supports $138,693 over five years. Five-year ROI reaches 71.23% and total cumulative return in cash sums $117,636. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,165/mo property income instead of your personal income.
Single Family
Built in N/A
0.49 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29650, Greer, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,193 (100%) |
| Owner Occupied HU | 11,448 (66.6%) |
| Renter Occupied HU | 4,627 (26.9%) |
| Vacant Housing Units | 1,118 ( 6.5%) |
| Median Home Value | $402,689 |
| Average Home Value | $451,242 |
Housing Distribution
Address Breakdown
Residential
16,867
Single Family
13,870
Multi-Family
2,997
Businesses
1,238
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Listed by: Gowthami Gangi • NextHome Lenny Gaines & Co.
Mls Name: Greater Greenville AOR
Mls ID: #1573377