417 Bright Water LnGreenvilleSC29609
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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 Greenville at 417 Bright Water Ln, Greenville, SC, 29609 uses $135,882 cash to close to unlock $1,982/yr annual cash flow and $165/mo monthly cash flow. Total monthly income runs $2,605/mo, and a $2,006/mo payment keeps the spread at $165/mo. Purchase price stands at $409,900, and rental yield measures 7.63% with $2,605/mo rent. Return on cash invested shows 21.37% in year one, and 5% annual appreciation builds toward $113,248 over five years. Five-year ROI reaches 110.38% and total cumulative return in cash records $149,980. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,605/mo property income covering a $2,006/mo payment rather than investor’s personal income.
Single Family
Built in 1990
10,454 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29609, Greenville, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,139 (100%) |
| Owner Occupied HU | 8,452 (55.8%) |
| Renter Occupied HU | 5,371 (35.5%) |
| Vacant Housing Units | 1,316 ( 8.7%) |
| Median Home Value | $381,302 |
| Average Home Value | $448,236 |
Housing Distribution
Address Breakdown
Residential
14,067
Single Family
12,830
Multi-Family
1,237
Businesses
1,207
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Listed by: Olivia Grube • BHHS C Dan Joyner - Midtown
Mls Name: Greater Greenville AOR
Mls Provider:
Mls ID: #1555239
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.