1031 George Smith Mill RdAndersonSC29625
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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 1031 George Smith Mill Rd, Anderson, SC, 29625 listed at $398,800 pairs $1,680/mo rent with a $1,952/mo payment. Total monthly income runs $1,680/mo. Return on cash invested measures 13.61% in year one, and rental yield registers 5.06% at a $398,800 basis. Equity gained on principal adds $2,573/yr, and annual property appreciation at 5% supports $110,181 by year five. Five-year ROI tracks 68.75% and total cumulative return in cash totals $90,887. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,680/mo property income relative to a $1,952/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Townhouse
Built in 2025
3,920 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29625, Anderson, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,668 (100%) |
| Owner Occupied HU | 9,318 (63.5%) |
| Renter Occupied HU | 3,934 (26.8%) |
| Vacant Housing Units | 1,416 ( 9.7%) |
| Median Home Value | $253,495 |
| Average Home Value | $329,244 |
Housing Distribution
Address Breakdown
Residential
13,807
Single Family
12,938
Multi-Family
869
Businesses
706
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Listed by: Katrina Davis • NorthGroup Real Estate - Greenville
Mls Name: WUMLS
Mls ID: #20291840