109 Palancar CtAndersonSC29621
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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 109 Palancar Ct, Anderson, SC, 29621 with 5% annual appreciation on a $339,900 basis while $3,066/mo rent supports operations. Total monthly income totals $3,066/mo and a $1,664/mo payment preserves $1,042/mo for cash returns. Annual cash flow comes to $12,507/yr on $112,677 deployed, and return on cash invested reaches 31.01% in year one. Equity gained on principal adds $2,193/yr, and five-year appreciation sums $93,908 alongside rental yield of 10.82%. Five-year ROI measures 162.07% and total cumulative return in cash totals $182,615.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,066/mo property income versus a $1,664/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2000
0.40 Acres 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: Chappelear and Associates • Western Upstate Keller William
Mls Name: WUMLS
Mls ID: #20290278