8507 White Horse Rd LOT 1GreenvilleSC29617
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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 8507 White Horse Rd LOT 1, Greenville, SC, 29617 uses $39,449 cash to close to unlock $2,833/yr annual cash flow and $236/mo monthly cash flow. Total monthly income runs $944/mo, and a $582/mo payment keeps the spread at $236/mo. Purchase price stands at $119,000, and rental yield measures 9.52% with $944/mo rent. Return on cash invested shows 27.09% in year one, and 5% annual appreciation builds toward $32,878 over five years. Five-year ROI reaches 141.16% and total cumulative return in cash records $55,685. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $944/mo property income covering a $582/mo payment rather than investor’s personal income.
Manufactured
Built in 1988
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29617, Greenville, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,678 (100%) |
| Owner Occupied HU | 8,361 (61.1%) |
| Renter Occupied HU | 4,476 (32.7%) |
| Vacant Housing Units | 841 ( 6.1%) |
| Median Home Value | $247,851 |
| Average Home Value | $301,832 |
Housing Distribution
Address Breakdown
Residential
12,919
Single Family
11,154
Multi-Family
1,765
Businesses
368
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Listed by: Laurie Hughes • Bluefield Realty Group
Mls Name: My State MLS
Mls ID: #11349515