608 Englewood DrGreenvilleSC29605
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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 608 Englewood Dr, Greenville, SC, 29605 priced at $159,605 pairs $1,225/mo rent with $275/mo cash flow after a $781/mo payment. Total monthly income equals $1,225/mo, and annual cash flow comes to $3,301/yr on $52,909 invested. Return on cash invested is 26.15% in year one, and rental yield stands at 9.21% on a $159,605 basis. Equity gained on principal adds $1,030/yr, and 5% annual appreciation accumulates to $44,096 by year five. Five-year ROI measures 136.08% and total cumulative return in cash reaches $71,998. For financing, Ziffy Mortgage’s DSCR program evaluates $1,225/mo property income against a $781/mo payment instead of your W2s, 1099s, or Tax returns.
Manufactured
Built in 1991
0.40 Acres 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: Suzanne Withington • Herlong Sotheby's International - Clemson
Mls Name: Greater Greenville AOR
Mls ID: #1568413