111 Shore Line DrAndersonSC29626
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 111 Shore Line Dr, Anderson, SC, 29626 priced at $345,000 pairs $2,681/mo rent with $627/mo cash flow after a $1,689/mo payment. Total monthly income equals $2,681/mo, and annual cash flow comes to $7,523/yr on $114,368 invested. Return on cash invested is 26.49% in year one, and rental yield stands at 9.33% on a $345,000 basis. Equity gained on principal adds $2,226/yr, and 5% annual appreciation accumulates to $95,317 by year five. Five-year ROI measures 137.8% and total cumulative return in cash reaches $157,600. For financing, Ziffy Mortgage’s DSCR program evaluates $2,681/mo property income against a $1,689/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2001
2.20 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29626, Anderson, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,348 (100%) |
| Owner Occupied HU | 4,567 (71.9%) |
| Renter Occupied HU | 1,078 (17.0%) |
| Vacant Housing Units | 703 (11.1%) |
| Median Home Value | $267,678 |
| Average Home Value | $304,614 |
Housing Distribution
Address Breakdown
Residential
6,151
Single Family
5,977
Multi-Family
174
Businesses
204
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Listed by: Holly Gunnels • BHHS C Dan Joyner - Anderson
Mls Name: WUMLS
Mls ID: #20295015