Work with a dedicated Real Estate Advisor who will take your financial preferences and help you select and acquire properties that fit your criteria. Learn more

25 Valley Glen Court Greer, SC 29650

3 Beds 3 Baths - sqft Built 1999

$215,000

List Price

$1,560

$1.4K - $1.7K

Rent Est.

PROPERTY INFO

January 23, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 1999
  • Price/Sqft : $111.86
  • 2 Days on Market
  • MLS # : 1435819
  • Updated Date : 01/23/2021 at 01:59
CONSTRUCTION
  • Beds : 3
  • Floor Size : '-'
  • Baths : 2 full , 1 half
Listing Agent

Keller Williams Greenville Cen

Listing Agent's Description

This home is perfect for families looking for a home in a great subdivision and zoned for great schools - - Riverside High and Riverside Middle - -and priced so you can update it to your own decorating taste. This would also be a great home to add to your rental portfolio. This three bedroom, two and a half bath home has a five-year old roof and brand-new 1/2021 gas hot water heater. Upon entering the home, you are greeted with a light and bright great room with gas fireplace. The adjoining dining room is perfect for family gatherings and you will love the ample sized kitchen with breakfast area. The laundry room couldn’t be more convenient. Upstairs is a large master suite with sitting area and the master bath includes a walk-in shower, garden tub and dual sinks. The two additional bedrooms and full bathroom round out the rest of the upstairs. Outside is a large deck and fenced, private back yard that looks out over woods, which adds to the privacy of this great home. Home is being sold “as is” and seller will not make any repairs.

SEE MORE

PRICE & RENT TRENDS

Zip Code: 29650

ZipNIR Market*CityMarket2010Year20002019100k120k140k160k180k200k220k240k260kPrice in $85k260k

* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR

Zip Code: 29650

ZipNIR Market*CityMarket2010Year20002019 Q21000110012001300140015001600Rent in $9171690

* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR

SCHOOLS

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
Brushy Creek Elementary School Primary Regular 901 51 10
Riverside Middle School Middle Regular 1,130 63 10
Riverside High School High Regular 1,646 82 7

Brushy Creek Elementary School

  • Education Level: Primary
  • # of students: 901
  • # of teachers: 51
10
GreatSchools Rating

Riverside Middle School

  • Education Level: Middle
  • # of students: 1,130
  • # of teachers: 63
10
GreatSchools Rating

Riverside High School

  • Education Level: High
  • # of students: 1,646
  • # of teachers: 82
7
GreatSchools Rating
 

$193,500$236,500$215,000

PURCHASE PRICE

$1,404$1,716$1,560

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,560
EXPENSES Loan Payment -$747
Property Tax -$318
Property Insurance -$62
Property Management Fees -$125
CASH FLOW
$308

This is the estimated cash flow generated during a typical maintenance-free month. It is recommended that investors set aside 14% of earned rent to cover both maintenance and periods of vacancy.

$215,000

PROJECTED PRICE

$1,560

PROJECTED RENT

0.73%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.42%
Appreciation Year (1-5) 3.1%
Maintenance Year (1-5) 8.00%
Vacancy 6.12%
Length of Stay Years 2

PROJECTED ACCUMULATED WEALTH

30 YEAR PROJECTION

  • Cash Flow
  • Appreciation
  • Principal
11530$0.0$100k$200k$300k$400k$500k$600k$700k

PROJECTED ANNUAL CASH FLOW

11530$0.0$2.0k$4.0k$6.0k$8.0k$10k$12k$14k

PROJECTED PROPERTY VALUE

30 YEAR PROJECTION

  • Appreciation
  • Principal
  • Loan Balance
11530$0.0$100k$200k$300k$400k$500k

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$62,725

INVESTMENT

$62,725

Down Payment
$53,750
Rehab Estimate
$5,750
Closing Costs
$3,225

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 30% down payment or higher enables the proceeds from the asset to cover all costs.

$747

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $53,750
Loan Amount $161,250
See What Happens When You Reinvest Cash Flow

11.5

YEARS SAVED

$38,152

INTEREST SAVED

CASH FLOW REINVESTMENT

The time & interest saved by applying each month's positive cash flow towards loan principal pay down.

  • $1,560

    LIST RENT
  • $0.81

    LIST RENT PER SQFT
  • $1,595

    COMP ESTIMATED VALUE
  • $0.83

    COMP AVG. RENT PER SQFT
Comps Range
$1,450
1$1,4502$1,5603$1,5954$1,595
$1,595
RENT COMPS ANALYSIS
* Sqft is provided from public sources
  • 25 Valley Glen Court Greer, SC 2
    • 3 beds 3 baths ∙ 1,922 Sqft ∙ Built 1999 3 beds 3 baths ∙ 1,922 Sqft ∙ Built 1999
    • Rent
    • Rent Per SQFT
    •  
    • $1,560
    • $0.81
    •  
  • 5 Waterfield Court Greer, SC 1
    • 3 beds 2 baths ∙ 1,737 Sqft ∙ Built 3 beds 2 baths ∙ 1,737 Sqft ∙ Built
    LEASED 03/25/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,450
    • $0.83
    •  
  • 205 Juniper Leaf Way Greer, SC 3
    • 3 beds 3 baths ∙ 1,872 Sqft ∙ Built 3 beds 3 baths ∙ 1,872 Sqft ∙ Built
    LEASED 03/14/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,595
    • $0.85
    •  
  • 18 Valley Glen Court Greer, SC 4
    • 3 beds 3 baths ∙ 1,977 Sqft ∙ Built 3 beds 3 baths ∙ 1,977 Sqft ∙ Built
    LEASED 11/20/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,595
    • $0.81
    •  
PROPERTY LISTING DETAILS
Kirsten Zinkann
1.864.704.7591
Keller Williams Greenville Cen
Lauren Taylor
1.866.250.5610
Homeunion SC LLC
21064
( GGARMLS)
MLS #: 1435819
Last Updated: 01/23/2021
BESbswy