SALEM Plan, Waverly StationGreenwoodSC29646
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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 Greenwood at SALEM Plan, Waverly Station, Greenwood, SC, 29646 offers a 9.98% rental yield on a $356,990 purchase with $2,969/mo rent. Total monthly income registers $2,969/mo, and a $1,747/mo payment leaves $844/mo available for distribution. Annual cash flow reaches $10,130/yr on $118,342 to close, and return on cash invested stands at 28.47% in year one. Equity gained on principal adds $2,304/yr while 5% annual appreciation supports $98,630 over five years. Portfolio math shows five-year ROI at 148.46% and total cumulative return in cash at $175,692. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,969/mo property income against a $1,747/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2025
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29646, Greenwood, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,087 (100%) |
| Owner Occupied HU | 6,689 (55.3%) |
| Renter Occupied HU | 4,340 (35.9%) |
| Vacant Housing Units | 1,058 ( 8.8%) |
| Median Home Value | $176,259 |
| Average Home Value | $244,779 |
Housing Distribution
Address Breakdown
Residential
11,449
Single Family
10,530
Multi-Family
919
Businesses
704
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Listed by: N/A • D.R. Horton
Mls Name: DR Horton
Mls Provider:
Mls ID: #N/A