8895 Greenpond RdGray courtSC29645
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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 Gray court at 8895 Greenpond Rd, Gray court, SC, 29645 uses $66,267 cash to close to unlock $8,777/yr annual cash flow and $731/mo monthly cash flow. Total monthly income runs $1,921/mo, and a $978/mo payment keeps the spread at $731/mo. Purchase price stands at $199,900, and rental yield measures 11.53% with $1,921/mo rent. Return on cash invested shows 33.15% in year one, and 5% annual appreciation builds toward $55,229 over five years. Five-year ROI reaches 173.59% and total cumulative return in cash records $115,033. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,921/mo property income covering a $978/mo payment rather than investor’s personal income.
Manufactured
Built in N/A
0.97 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29645, Gray Court, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,787 (100%) |
| Owner Occupied HU | 3,601 (75.2%) |
| Renter Occupied HU | 780 (16.3%) |
| Vacant Housing Units | 406 ( 8.5%) |
| Median Home Value | $230,785 |
| Average Home Value | $264,377 |
Housing Distribution
Address Breakdown
Residential
4,350
Single Family
4,349
Multi-Family
1
Businesses
127
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Listed by: Melissa Patton • Keller Williams One
Mls Name: Greater Greenville AOR
Mls ID: #1574826