1005 Cove CirAndersonSC29626
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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 1005 Cove Cir, Anderson, SC, 29626 offers a 8.43% rental yield on a $386,000 purchase with $2,713/mo rent. Total monthly income registers $2,713/mo, and a $1,889/mo payment leaves $415/mo available for distribution. Annual cash flow reaches $4,986/yr on $127,959 to close, and return on cash invested stands at 23.81% in year one. Equity gained on principal adds $2,491/yr while 5% annual appreciation supports $106,645 over five years. Portfolio math shows five-year ROI at 123.43% and total cumulative return in cash at $157,944. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,713/mo property income against a $1,889/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in N/A
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29626, Anderson, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,348 (100%) |
| Owner Occupied HU | 4,567 (71.9%) |
| Renter Occupied HU | 1,078 (17.0%) |
| Vacant Housing Units | 703 (11.1%) |
| Median Home Value | $267,678 |
| Average Home Value | $304,614 |
Housing Distribution
Address Breakdown
Residential
6,151
Single Family
5,977
Multi-Family
174
Businesses
204
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Listed by: Nicholas Huscroft • Chosen Realty
Mls Name: Greater Greenville AOR
Mls ID: #1571592