498 Pearson RdGreerSC29651
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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 Greer at 498 Pearson Rd, Greer, SC, 29651 uses $74,588 cash to close to unlock $8,459/yr annual cash flow and $705/mo monthly cash flow. Total monthly income runs $2,044/mo, and a $1,101/mo payment keeps the spread at $705/mo. Purchase price stands at $225,000, and rental yield measures 10.9% with $2,044/mo rent. Return on cash invested shows 31.25% in year one, and 5% annual appreciation builds toward $62,163 over five years. Five-year ROI reaches 163.36% and total cumulative return in cash records $121,845. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,044/mo property income covering a $1,101/mo payment rather than investor’s personal income.
Manufactured
Built in N/A
0.84 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: Sharon Nelson • Keller Williams DRIVE
Mls Name: Greater Greenville AOR
Mls Provider:
Mls ID: #1560990
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.