7 Stone Meadow RdGreenvilleSC29615
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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 7 Stone Meadow Rd, Greenville, SC, 29615 priced at $217,000 converts $1,656/mo rent into $364/mo cash flow after a $1,062/mo obligation. Total monthly income equals $1,656/mo, and annual cash flow totals $4,372/yr on $71,936 invested. Return on cash invested prints 25.99% in year one, and rental yield reads 9.16% against a $217,000 entry. Equity gained on principal adds $1,400/yr, while 5% annual appreciation compiles into $59,953 by year five. Five-year ROI reaches 135.16% and total cumulative return in cash sums $97,229. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,656/mo property income covering a $1,062/mo payment, not borrower’s personal income.
Single Family
Built in 1999
5,227 sqft 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: Robyn Gillis • BHHS C Dan Joyner - Midtown
Mls Name: Greater Greenville AOR
Mls ID: #1578134