516 BarbicanGreenvilleSC29605
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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 516 Barbican, Greenville, SC, 29605 priced at $334,745 converts $2,286/mo rent into $244/mo cash flow after a $1,638/mo obligation. Total monthly income equals $2,286/mo, and annual cash flow totals $2,925/yr on $110,968 invested. Return on cash invested prints 22.54% in year one, and rental yield reads 8.19% against a $334,745 entry. Equity gained on principal adds $2,160/yr, while 5% annual appreciation compiles into $92,484 by year five. Five-year ROI reaches 116.87% and total cumulative return in cash sums $129,684. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,286/mo property income covering a $1,638/mo payment, not borrower’s personal income.
Single Family
Built in 2025
0.27 Acres lot
$N/A/sqft
$600 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29605, Greenville, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,337 (100%) |
| Owner Occupied HU | 11,655 (63.6%) |
| Renter Occupied HU | 5,250 (28.6%) |
| Vacant Housing Units | 1,432 ( 7.8%) |
| Median Home Value | $335,159 |
| Average Home Value | $427,694 |
Housing Distribution
Address Breakdown
Residential
16,911
Single Family
15,927
Multi-Family
984
Businesses
1,116
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Listed by: Anna Potere • Coldwell Banker Caine
Mls Name: SAR
Mls Provider:
Mls ID: #319373
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.