Newton Plan, Covington VillageGreerSC29651
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Newton Plan, Covington Village, Greer, SC, 29651 earns $821/mo cash flow from $2,291/mo rent with a $1,209/mo payment. Total monthly income totals $2,291/mo, and annual cash flow totals $9,847/yr on $81,877 capital. ROI tracks 31.94% on current figures, and rental yield reads 11.13% at a $246,990 purchase. Equity gained on principal adds $1,594/yr, and 5% annual appreciation supports $68,239 over five years. Five-year ROI reaches 167.04% and total cumulative return in cash sums $136,765. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,291/mo property income instead of your personal income.
Townhouse
Built in 2025
N/A 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Online Concierge Team • D.R. Horton
Mls Name: DR Horton
Mls Provider:
Mls ID: #N/A