46 Mardale 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
Rental property for sale in Greenville at 46 Mardale Ln, Greenville, SC, 29609 priced at $325,000 converts $2,482/mo rent into $547/mo cash flow after a $1,591/mo obligation. Total monthly income equals $2,482/mo, and annual cash flow totals $6,565/yr on $107,738 invested. Return on cash invested prints 26% in year one, and rental yield reads 9.16% against a $325,000 entry. Equity gained on principal adds $2,097/yr, while 5% annual appreciation compiles into $89,792 by year five. Five-year ROI reaches 135.25% and total cumulative return in cash sums $145,717. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,482/mo property income covering a $1,591/mo payment, not borrower’s personal income.
Townhouse
Built in 2022
1,742 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: Virginia Hayes • Coldwell Banker Caine/Williams
Mls Name: Greater Greenville AOR
Mls ID: #1567879