815 Edwards Rd UNIT 93GreenvilleSC29615
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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 815 Edwards Rd UNIT 93, Greenville, SC, 29615 generates $1,847/mo in rent and, after a $954/mo payment, leaves $687/mo in cash flow. Total monthly income is $1,847/mo, and annual cash flow is $8,240/yr on $64,643 invested. Return on cash invested sits at 32.66% in year one, and rental yield is 11.37% on a $195,000 entry. Equity gained on principal adds $1,258/yr, while 5% annual appreciation builds toward $53,875 over five years. Five-year ROI reaches 170.91% and total cumulative return in cash sums $110,482. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,847/mo property income rather than buyer’s personal income.
Condo
Built in 1987
540 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: Brenda Bonin • JW Martin Real Estate Office A
Mls Name: Greater Greenville AOR
Mls Provider:
Mls ID: #1558436
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.