8 Witchita LnGreenvilleSC29607
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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 8 Witchita Ln, Greenville, SC, 29607 generates $2,344/mo in rent and, after a $1,879/mo payment, leaves $59/mo in cash flow. Total monthly income is $2,344/mo, and annual cash flow is $703/yr on $127,296 invested. Return on cash invested sits at 20.46% in year one, and rental yield is 7.32% on a $384,000 entry. Equity gained on principal adds $2,478/yr, while 5% annual appreciation builds toward $106,092 over five years. Five-year ROI reaches 105.5% and total cumulative return in cash sums $134,300. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,344/mo property income rather than buyer’s personal income.
Single Family
Built in 2020
7,840 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29607, Greenville, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 25,875 (100%) |
| Owner Occupied HU | 10,843 (41.9%) |
| Renter Occupied HU | 12,647 (48.9%) |
| Vacant Housing Units | 2,385 ( 9.2%) |
| Median Home Value | $374,302 |
| Average Home Value | $461,847 |
Housing Distribution
Address Breakdown
Residential
24,585
Single Family
16,145
Multi-Family
8,440
Businesses
3,184
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Listed by: Rainbow Moore • Banks & Poole RE Development
Mls Name: WUMLS
Mls ID: #20291821