604 Fairway Lakes RdGreenwoodSC29649
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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 Greenwood at 604 Fairway Lakes Rd, Greenwood, SC, 29649 priced at $549,900 pairs $4,200/mo rent with $927/mo cash flow after a $2,691/mo payment. Total monthly income equals $4,200/mo, and annual cash flow comes to $11,124/yr on $180,917 invested. Return on cash invested is 26.21% in year one, and rental yield stands at 9.17% on a $549,900 basis. Equity gained on principal adds $3,548/yr, and 5% annual appreciation accumulates to $151,927 by year five. Five-year ROI measures 136.31% and total cumulative return in cash reaches $246,602. For financing, Ziffy Mortgage’s DSCR program evaluates $4,200/mo property income against a $2,691/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1996
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29649, Greenwood, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,573 (100%) |
| Owner Occupied HU | 8,071 (64.2%) |
| Renter Occupied HU | 3,448 (27.4%) |
| Vacant Housing Units | 1,054 ( 8.4%) |
| Median Home Value | $239,091 |
| Average Home Value | $287,801 |
Housing Distribution
Address Breakdown
Residential
12,380
Single Family
11,329
Multi-Family
1,051
Businesses
1,128
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Listed by: Tripp Whitmire • The Whitmire Agency
Mls Name: MLS Of Greenwood Sc Inc.
Mls ID: #133161