1000 Sullivan StAndersonSC29624
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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 Anderson at 1000 Sullivan St, Anderson, SC, 29624 listed at $150,000 pairs $1,390/mo rent with a $734/mo payment to leave $497/mo cash flow. Total monthly income runs $1,390/mo, and annual cash flow reaches $5,967/yr on $49,725 cash to close. Return on cash invested measures 31.91% in year one, and rental yield registers 11.12% at a $150,000 basis. Equity gained on principal adds $968/yr, and annual property appreciation at 5% supports $41,442 by year five. Five-year ROI tracks 166.96% and total cumulative return in cash totals $83,022. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,390/mo property income relative to a $734/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1978
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29624, Anderson, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,958 (100%) |
| Owner Occupied HU | 3,421 (49.2%) |
| Renter Occupied HU | 2,679 (38.5%) |
| Vacant Housing Units | 858 (12.3%) |
| Median Home Value | $96,027 |
| Average Home Value | $198,631 |
Housing Distribution
Address Breakdown
Residential
6,260
Single Family
6,049
Multi-Family
211
Businesses
751
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Listed by: Devann Smith • Century 21 Properties Plus
Mls Name: WUMLS
Mls ID: #20294752