8507 White Horse Rd LOT 21GreenvilleSC29617
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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 21, Greenville, SC, 29617 uses $44,753 cash to close to unlock $2,954/yr annual cash flow and $246/mo monthly cash flow. Total monthly income runs $1,050/mo, and a $661/mo payment keeps the spread at $246/mo. Purchase price stands at $135,000, and rental yield measures 9.33% with $1,050/mo rent. Return on cash invested shows 26.51% in year one, and 5% annual appreciation builds toward $37,298 over five years. Five-year ROI reaches 138.04% and total cumulative return in cash records $61,777. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,050/mo property income covering a $661/mo payment rather than investor’s personal income.
Manufactured
Built in 1989
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: N/A • N/A
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