409 Raymond StGreenvilleSC29611
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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 409 Raymond St, Greenville, SC, 29611 offers $2,154/mo rent that, after a $2,433/mo payment. Total monthly income is $2,154/mo. Return on cash invested measures 14.05% in year one, and rental yield stands at 5.2% at a $497,000 entry. Equity gained on principal adds $3,207/yr while 5% annual appreciation compounds into $137,312 by year five. Five-year ROI records 71.11% and total cumulative return in cash reaches $117,158. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,154/mo property income versus a $2,433/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2025
0.33 Acres 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: Elizabeth Billings • EZ Sells It LLC
Mls Name: SAR
Mls Provider:
Mls ID: #320271
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.