71 Oak Edge LnGreerSC29651
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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 Greer at 71 Oak Edge Ln, Greer, SC, 29651 earns $231/mo cash flow from $2,535/mo rent with a $1,809/mo payment. Total monthly income totals $2,535/mo, and annual cash flow totals $2,778/yr on $122,489 capital. ROI tracks 22.18% on current figures, and rental yield reads 8.23% at a $369,500 purchase. Equity gained on principal adds $2,384/yr, and 5% annual appreciation supports $102,086 over five years. Five-year ROI reaches 115.09% and total cumulative return in cash sums $140,968. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,535/mo property income instead of your personal income.
Single Family
Built in 2023
7,840 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29651, Greer, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 23,589 (100%) |
| Owner Occupied HU | 17,483 (74.1%) |
| Renter Occupied HU | 4,872 (20.7%) |
| Vacant Housing Units | 1,234 ( 5.2%) |
| Median Home Value | $327,690 |
| Average Home Value | $366,187 |
Housing Distribution
Address Breakdown
Residential
23,193
Single Family
22,545
Multi-Family
648
Businesses
992
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Listed by: Jan Miller • Keller Williams DRIVE
Mls Name: Greater Greenville AOR
Mls Provider:
Mls ID: #1560586
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.