452 River Way DrGreerSC29651
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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 452 River Way Dr, Greer, SC, 29651 priced at $510,000 pairs $3,080/mo rent with $44/mo cash flow after a $2,496/mo payment. Total monthly income equals $3,080/mo, and annual cash flow comes to $531/yr on $167,790 invested. Return on cash invested is 20.38% in year one, and rental yield stands at 7.25% on a $510,000 basis. Equity gained on principal adds $3,291/yr, and 5% annual appreciation accumulates to $140,904 by year five. Five-year ROI measures 105.02% and total cumulative return in cash reaches $176,211. For financing, Ziffy Mortgage’s DSCR program evaluates $3,080/mo property income against a $2,496/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1993
0.30 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
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Listed by: Grace Loveless • Herlong Sotheby's International Realty
Mls Name: Greater Greenville AOR
Mls Provider:
Mls ID: #1563180
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.