822 Thread WayGreerSC29651
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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 822 Thread Way, Greer, SC, 29651 listed at $243,000 pairs $2,312/mo rent with a $1,189/mo payment to leave $866/mo cash flow. Total monthly income runs $2,312/mo, and annual cash flow reaches $10,390/yr on $80,555 cash to close. Return on cash invested measures 32.81% in year one, and rental yield registers 11.42% at a $243,000 basis. Equity gained on principal adds $1,568/yr, and annual property appreciation at 5% supports $67,136 by year five. Five-year ROI tracks 171.7% and total cumulative return in cash totals $138,308. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,312/mo property income relative to a $1,189/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in N/A
2,178 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: Debra Anne Moseley-Prince • RE/MAX Results Travelers Rest
Mls Name: Greater Greenville AOR
Mls ID: #1567325