Stone Avenue Townhome (End Unit) Plan, Norden on StoneGreenvilleSC29609
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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
Rental property for sale in Greenville at Stone Avenue Townhome (End Unit) Plan, Norden on Stone, Greenville, SC, 29609 offers $2,951/mo rent that, after a $4,283/mo payment. Total monthly income is $2,951/mo. Return on cash invested measures 9.61% in year one, and rental yield stands at 4.05% at a $875,000 entry. Equity gained on principal adds $5,646/yr while 5% annual appreciation compounds into $241,746 by year five. Five-year ROI records 47.61% and total cumulative return in cash reaches $137,063. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,951/mo property income versus a $4,283/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Townhouse
Built in 2025
N/A lot
$N/A/sqft
$250 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29609, Greenville, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,139 (100%) |
| Owner Occupied HU | 8,452 (55.8%) |
| Renter Occupied HU | 5,371 (35.5%) |
| Vacant Housing Units | 1,316 ( 8.7%) |
| Median Home Value | $381,302 |
| Average Home Value | $448,236 |
Housing Distribution
Address Breakdown
Residential
14,067
Single Family
12,830
Multi-Family
1,237
Businesses
1,207
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Listed by: N/A • Cobblestone Homes
Mls Name: Cobblestone Homes
Mls Provider:
Mls ID: #N/A