717 Richbourg RdGreenvilleSC29615
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeInvestors who value predictability will appreciate 717 Richbourg Rd, Greenville, SC, 29615 in Greenville. At $405,000 it earns $2,872/mo in rent and distributes $461/mo to the owner after the $1,821/mo payment, a consistent 8.51% yield. DSCR 1.58 clears Ziffy Mortgage's income-only underwriting standard. Over five years, 5% annual appreciation adds $111,894 in value; $3,730/yr in principal paydown compounds ownership stake. Total projected return: $182,875.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.5% | 4.2% |
| Monthly Cash Flow | $461 | $385 |
City averages based on Greenville market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,872 |
| Total Monthly Debt Service | $2,250 |
| DSCR Ratio | 1.28x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in N/A
0.31 Acres 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
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
Single Family
Built in N/A
0.31 Acres 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: N/A • N/A
Mls Name: Greater Greenville AOR
Mls ID: #1584617