108 Verdant Leaf Way

Greenville, SC 29617
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4 bd, 2.5 ba | 1,644 sqft | Built in 2023

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List Price
$252,500

$5K

Initial Investment

$68,806

Purchase Price

$252,500

Down Payment

25%

Rent

$1,880

Total Return

$120,713

Annualized Return

22.2%

Cap Rate

5.1%

Gross Yield

8.9%

Cash Flow

-$1,071

Appreciation

8.6%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Property Type

Townhouse

Lot Size

2,178

HOA

None

Flood Risk

Not Required

LOCATION, LOCATION, LOCATION! Welcome to 108 Verdant Leaf Way, a premiere end-unit in the lovely new August Brook Town Home Community. This community is located five minutes from Publix and Walmart and is moments away from The Swamp Rabbit Trail, Furman University, Downtown Greenville, and Downtown Travelers Rest. 108 is an end unit at the end of the street by a green space and the dog park! As you enter the front door, you are greeted by a foyer that leads to a newly added fourth bedroom/ flex space. This space would also make a perfect home office! The second floor features a large, open floor-plan kitchen and living room. The kitchen has a new island and steps out onto a spacious second story balcony. There is also a powder room on this floor. Upstairs, you will find the master suite complete with its own full bathroom and walk-in closet. The third floor has two more spacious bedrooms, a second full bathroom, a laundry room, and plenty of closet space. The current owner has finished the flex space on the first floor, added the fence, added closet lights, installed a kitchen island, stained the fence, stained the deck, added shelving in the garage, added blinds, and added ceiling fans. They also redid the backyard, added the bench between the deck posts, added the edging to enclose the white rock, and added two Emerald Green Arborvitae trees. Do not miss your opportunity to view this charming home before it is gone!

See more in Analysis
Chris deTreville
Auben Realty, LLC
GA Agent License #64566

Annual Financial Highlights

Expected Rent

$21,432

Expenses

-$4,026

Property Taxes

-$4,750

Loan Payments

-$13,727

Net Cash Flow

-$1,071

See more in Financials

Property Characteristics

Buyer's Agent

An experienced local, licensed real estate broker/agent will represent you in this transaction. They will negotiate on your behalf, from your first offer through closing.
  • You can contact your Agent with questions even before making an offer.
  • A professional home inspection will be conducted prior to closing.  This inspection, paid for by Roofstock, will be conducted by a Roofstock-affiliated vendor.  As soon as the report is ready, your Agent will discuss the findings with you and help with any next steps.

Property Management

Why choose?
From repairs and maintenance to communicating with tenants, our preferred property management teams protect your assets and keep things running smoothly.

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Listing Courtesy of:Blake Kirsch
Agent License 107934
Century 21 Blackwell & Co
Certified Agent Brokerage:Chris deTreville
Auben Realty, LLC
GA Brokerage License H-67288
SourceGreater Greenville AOR MLS
MLS #1523613
Last Updated: 04/29/2024 23:04
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