815 Edwards Rd UNIT 89GreenvilleSC29615
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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 Greenville at 815 Edwards Rd UNIT 89, Greenville, SC, 29615 uses $64,846 cash to close to unlock $4,008/yr annual cash flow and $334/mo monthly cash flow. Total monthly income runs $1,498/mo, and a $957/mo payment keeps the spread at $334/mo. Purchase price stands at $195,615, and rental yield measures 9.19% with $1,498/mo rent. Return on cash invested shows 26.09% in year one, and 5% annual appreciation builds toward $54,045 over five years. Five-year ROI reaches 135.66% and total cumulative return in cash records $87,971. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,498/mo property income covering a $957/mo payment rather than investor’s personal income.
Condo
Built in N/A
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
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Listed by: Matt Nocks • Herlong Sotheby's International Realty
Mls Name: Greater Greenville AOR
Mls ID: #1571107