513 Summit DrGreenvilleSC29609
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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 513 Summit Dr, Greenville, SC, 29609 offers a 4.87% rental yield on a $565,000 purchase with $2,294/mo rent. 16% in year one. Equity gained on principal adds $3,646/yr while 5% annual appreciation supports $156,099 over five years. Portfolio math shows five-year ROI at 66.31% and total cumulative return in cash at $123,267. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,294/mo property income against a $2,765/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1963
0.26 Acres 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: Joel Shasteen • Coldwell Banker Caine/Williams
Mls Name: Greater Greenville AOR
Mls ID: #1574894