6 Gables WayGreenvilleSC29615
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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 6 Gables Way, Greenville, SC, 29615 priced at $709,615 converts $4,916/mo rent into $692/mo cash flow after a $3,473/mo obligation. Total monthly income equals $4,916/mo, and annual cash flow totals $8,304/yr on $233,463 invested. Return on cash invested prints 23.62% in year one, and rental yield reads 8.31% against a $709,615 entry. Equity gained on principal adds $4,579/yr, while 5% annual appreciation compiles into $196,054 by year five. Five-year ROI reaches 122.37% and total cumulative return in cash sums $285,682. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,916/mo property income covering a $3,473/mo payment, not borrower’s personal income.
Single Family
Built in 1999
0.43 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29615, Greenville, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,522 (100%) |
| Owner Occupied HU | 10,413 (50.7%) |
| Renter Occupied HU | 8,450 (41.2%) |
| Vacant Housing Units | 1,659 ( 8.1%) |
| Median Home Value | $403,346 |
| Average Home Value | $456,036 |
Housing Distribution
Address Breakdown
Residential
19,028
Single Family
11,533
Multi-Family
7,495
Businesses
1,609
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Listed by: Jessica Kilcoyne • Herlong Sotheby's International Realty
Mls Name: Greater Greenville AOR
Mls Provider:
Mls ID: #1567959
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.