500 E McBee Ave #5202GreenvilleSC29601
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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 Greenville at 500 E McBee Ave #5202, Greenville, SC, 29601 listed at $974,500 pairs $4,021/mo rent with a $4,770/mo payment. Total monthly income runs $4,021/mo. Return on cash invested measures 13.4% in year one, and rental yield registers 4.95% at a $974,500 basis. Equity gained on principal adds $6,288/yr, and annual property appreciation at 5% supports $269,236 by year five. Five-year ROI tracks 67.57% and total cumulative return in cash totals $216,638. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,021/mo property income relative to a $4,770/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 2011
4,356 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29601, Greenville, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,637 (100%) |
| Owner Occupied HU | 2,697 (28.0%) |
| Renter Occupied HU | 5,241 (54.4%) |
| Vacant Housing Units | 1,699 (17.6%) |
| Median Home Value | $595,087 |
| Average Home Value | $719,499 |
Housing Distribution
Address Breakdown
Residential
8,780
Single Family
4,683
Multi-Family
4,097
Businesses
1,624
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Listed by: AC Rodwell • Coldwell Banker Caine/Williams
Mls Name: Greater Greenville AOR
Mls ID: #1576130