512 Spring StGreenvilleSC29611
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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 512 Spring St, Greenville, SC, 29611 earns $209/mo cash flow from $1,550/mo rent with a $1,101/mo payment. Total monthly income totals $1,550/mo, and annual cash flow totals $2,514/yr on $74,554 capital. ROI tracks 23.28% on current figures, and rental yield reads 8.27% at a $224,900 purchase. Equity gained on principal adds $1,451/yr, and 5% annual appreciation supports $62,136 over five years. Five-year ROI reaches 120.65% and total cumulative return in cash sums $89,953. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,550/mo property income instead of your personal income.
Single Family
Built in 1950
9,583 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29611, Greenville, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,930 (100%) |
| Owner Occupied HU | 7,523 (50.4%) |
| Renter Occupied HU | 5,856 (39.2%) |
| Vacant Housing Units | 1,551 (10.4%) |
| Median Home Value | $208,785 |
| Average Home Value | $270,819 |
Housing Distribution
Address Breakdown
Residential
13,167
Single Family
11,909
Multi-Family
1,258
Businesses
1,052
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Listed by: Stacey Atkinson • Alliance Real Estate Services
Mls Name: Greater Greenville AOR
Mls Provider:
Mls ID: #1554146
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.