55 Millside CirGreenvilleSC29605
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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 55 Millside Cir, Greenville, SC, 29605 generates $3,228/mo in rent and, after a $2,398/mo payment, leaves $311/mo in cash flow. Total monthly income is $3,228/mo, and annual cash flow is $3,737/yr on $162,432 invested. Return on cash invested sits at 22.21% in year one, and rental yield is 7.91% on a $489,990 entry. Equity gained on principal adds $3,162/yr, while 5% annual appreciation builds toward $135,375 over five years. Five-year ROI reaches 114.88% and total cumulative return in cash sums $186,597. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,228/mo property income rather than buyer’s personal income.
Townhouse
Built in 2020
1,306 sqft lot
$N/A/sqft
No 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: Sarah Gilley • Coldwell Banker Caine/Williams
Mls Name: Greater Greenville AOR
Mls ID: #1574025