1002 Cobbs Glen DrAndersonSC29621
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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 Anderson at 1002 Cobbs Glen Dr, Anderson, SC, 29621 offers $2,321/mo rent that, after a $1,199/mo payment, leaves $757/mo cash flow. Total monthly income is $2,321/mo, and annual cash flow is $9,085/yr on $81,184 cash. Return on cash invested measures 31.1% in year one, and rental yield stands at 11.37% at a $244,900 entry. Equity gained on principal adds $1,580/yr while 5% annual appreciation compounds into $67,661 by year five. Five-year ROI records 163.15% and total cumulative return in cash reaches $132,449. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,321/mo property income versus a $1,199/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Condo
Built in N/A
3,400 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29621, Anderson, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,771 (100%) |
| Owner Occupied HU | 14,049 (71.1%) |
| Renter Occupied HU | 4,410 (22.3%) |
| Vacant Housing Units | 1,312 ( 6.6%) |
| Median Home Value | $309,105 |
| Average Home Value | $353,657 |
Housing Distribution
Address Breakdown
Residential
19,047
Single Family
17,056
Multi-Family
1,991
Businesses
1,494
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Listed by: Jennifer Robinson • ADLY Group Realty
Mls Name: Greater Greenville AOR
Mls Provider:
Mls ID: #1547093
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.