414 Palmetto DrGreerSC29651
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
Investment Highlights
Investment property for sale in Greer at 414 Palmetto Dr, Greer, SC, 29651 offers a 8.66% rental yield on a $479,900 purchase with $3,464/mo rent. Total monthly income registers $3,464/mo, and a $2,349/mo payment leaves $607/mo available for distribution. Annual cash flow reaches $7,285/yr on $159,087 to close, and return on cash invested stands at 24.49% in year one. Equity gained on principal adds $3,097/yr while 5% annual appreciation supports $132,588 over five years. Portfolio math shows five-year ROI at 127.11% and total cumulative return in cash at $202,221. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,464/mo property income against a $2,349/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1995
1.54 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: Brad Liles • Keller Williams on Main
Mls Name: SAR
Mls Provider:
Mls ID: #321902
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.