1010 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
Investment property for sale in Anderson at 1010 Cobbs Glen Dr, Anderson, SC, 29621 uses $94,478 cash to close to unlock $521/yr annual cash flow and $43/mo monthly cash flow. Total monthly income runs $1,740/mo, and a $1,395/mo payment keeps the spread at $43/mo. Purchase price stands at $285,000, and rental yield measures 7.33% with $1,740/mo rent. Return on cash invested shows 20.46% in year one, and 5% annual appreciation builds toward $78,740 over five years. Five-year ROI reaches 105.52% and total cumulative return in cash records $99,690. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,740/mo property income covering a $1,395/mo payment rather than investor’s personal income.
Townhouse
Built in N/A
N/A 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: Wesley Edwards • Relocate Upstate Realty
Mls Name: WUMLS
Mls ID: #20293615