609 Cedar Lane RdGreenvilleSC29611
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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
Investment property for sale in Greenville at 609 Cedar Lane Rd, Greenville, SC, 29611 at $135,000 posts ROI 45.24% with $945/mo cash flow from $1,750/mo rent. Total monthly income equals $1,750/mo, and annual cash flow records $11,335/yr on $44,753 to close. Return on cash invested measures 45.24% and rental yield reads 15.56% at the current $135,000. Equity gained on principal adds $871/yr, and 5% annual appreciation supports $37,298 by year five. Five-year ROI prints 238.41% and total cumulative return in cash totals $106,693.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,750/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29611, Greenville, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,930 (100%) |
| Owner Occupied HU | 7,523 (50.4%) |
| Renter Occupied HU | 5,856 (39.2%) |
| Vacant Housing Units | 1,551 (10.4%) |
| Median Home Value | $208,785 |
| Average Home Value | $270,819 |
Housing Distribution
Address Breakdown
Residential
13,167
Single Family
11,909
Multi-Family
1,258
Businesses
1,052
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Listed by: Mark Kingsbury • RE/MAX Reach
Mls Name: Greater Greenville AOR
Mls Provider:
Mls ID: #1557709
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.