42 Briarglen PlGreenvilleSC29615
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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 42 Briarglen Pl, Greenville, SC, 29615 offers $1,382/mo rent that, after a $1,003/mo payment, leaves $162/mo cash flow. Total monthly income is $1,382/mo, and annual cash flow is $1,945/yr on $67,958 cash. Return on cash invested measures 22.77% in year one, and rental yield stands at 8.09% at a $205,000 entry. Equity gained on principal adds $1,323/yr while 5% annual appreciation compounds into $56,638 by year five. Five-year ROI records 117.93% and total cumulative return in cash reaches $80,142. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,382/mo property income versus a $1,003/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Condo
Built in 1983
871.20 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29615, Greenville, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,522 (100%) |
| Owner Occupied HU | 10,413 (50.7%) |
| Renter Occupied HU | 8,450 (41.2%) |
| Vacant Housing Units | 1,659 ( 8.1%) |
| Median Home Value | $403,346 |
| Average Home Value | $456,036 |
Housing Distribution
Address Breakdown
Residential
19,028
Single Family
11,533
Multi-Family
7,495
Businesses
1,609
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Listed by: Tonia Crowe • Delta Real Estate, LLC
Mls Name: Greater Greenville AOR
Mls ID: #1574195