632 McKenna CirGreenvilleSC29615
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 632 McKenna Cir, Greenville, SC, 29615 generates $1,813/mo in rent and, after a $989/mo payment, leaves $610/mo in cash flow. Total monthly income is $1,813/mo, and annual cash flow is $7,323/yr on $66,963 invested. Return on cash invested sits at 30.84% in year one, and rental yield is 10.77% on a $202,000 entry. Equity gained on principal adds $1,303/yr, while 5% annual appreciation builds toward $55,809 over five years. Five-year ROI reaches 161.21% and total cumulative return in cash sums $107,952. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,813/mo property income rather than buyer’s personal income.
Condo
Built in 2004
N/A 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Tracy Reed • Bluefield Realty Group
Mls Name: Greater Greenville AOR
Mls ID: #1572405