428 Combahee CtGreerSC29651
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
Rental property for sale in Greer at 428 Combahee Ct, Greer, SC, 29651 priced at $709,500 converts $5,773/mo rent into $1,549/mo cash flow after a $3,473/mo obligation. Total monthly income equals $5,773/mo, and annual cash flow totals $18,589/yr on $233,426 invested. Return on cash invested prints 28.02% in year one, and rental yield reads 9.76% against a $709,500 entry. Equity gained on principal adds $4,578/yr, while 5% annual appreciation compiles into $196,022 by year five. Five-year ROI reaches 146.03% and total cumulative return in cash sums $340,870. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $5,773/mo property income covering a $3,473/mo payment, not borrower’s personal income.
Single Family
Built in 2020
9,147 sqft 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
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Listed by: Maggie Toler • BHHS C Dan Joyner - Midtown
Mls Name: Greater Greenville AOR
Mls ID: #1574847