104 Northgate DrAndersonSC29625
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowFew Anderson rentals match the income profile of 104 Northgate Dr, Anderson, SC, 29625. Listed at $214,900, gross rent is $1,806/mo and net cash flow is $527/mo, a 10.08% yield well above national averages. DSCR 1.87 means Ziffy Mortgage can approve your loan on the property's income alone, bypassing personal income verification. The 5% annual appreciation trend adds $59,373 by year five with $1,979/yr in annual principal reduction, projecting $115,196 in total cumulative return.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.1% | 7.2% |
| Monthly Cash Flow | $527 | $420 |
City averages based on Anderson market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,806 |
| Total Monthly Debt Service | $1,194 |
| DSCR Ratio | 1.51x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in N/A
N/A 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Single Family
Built in N/A
N/A 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Barbara Collins • Our Fathers Houses
Mls Name: WUMLS
Mls ID: #20296243