542 Sumter StGreenvilleSC29617
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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 542 Sumter St, Greenville, SC, 29617 offers $1,312/mo rent that, after a $1,238/mo payment. Total monthly income is $1,312/mo. Return on cash invested measures 16.98% in year one, and rental yield stands at 6.22% at a $253,000 entry. Equity gained on principal adds $1,633/yr while 5% annual appreciation compounds into $69,899 by year five. Five-year ROI records 86.93% and total cumulative return in cash reaches $72,904. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,312/mo property income versus a $1,238/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1983
10,018 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29617, Greenville, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,678 (100%) |
| Owner Occupied HU | 8,361 (61.1%) |
| Renter Occupied HU | 4,476 (32.7%) |
| Vacant Housing Units | 841 ( 6.1%) |
| Median Home Value | $247,851 |
| Average Home Value | $301,832 |
Housing Distribution
Address Breakdown
Residential
12,919
Single Family
11,154
Multi-Family
1,765
Businesses
368
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Listed by: Ray Lewis • ChuckTown Homes PB KW
Mls Name: Greater Greenville AOR
Mls Provider:
Mls ID: #1552923
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.