104 Westminster AveAndersonSC29625
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
Investment Highlights
Rental property for sale in Anderson at 104 Westminster Ave, Anderson, SC, 29625 priced at $264,900 converts $1,786/mo rent into $209/mo cash flow after a $1,297/mo obligation. Total monthly income equals $1,786/mo, and annual cash flow totals $2,504/yr on $87,814 invested. Return on cash invested prints 22.76% in year one, and rental yield reads 8.09% against a $264,900 entry. Equity gained on principal adds $1,709/yr, while 5% annual appreciation compiles into $73,187 by year five. Five-year ROI reaches 117.83% and total cumulative return in cash sums $103,472. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,786/mo property income covering a $1,297/mo payment, not borrower’s personal income.
Single Family
Built in 2023
0.26 Acres 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: Hunter Hurst • Keller Williams Greenville Upstate
Mls Name: WUMLS
Mls ID: #20295124