113 Tate DrAndersonSC29626
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeSolid, durable, and financeable, 113 Tate Dr, Anderson, SC, 29626 in Anderson earns a 9.36% gross yield at $170,000. Rent of $1,326/mo nets $314/mo after the $764/mo mortgage. The 1.74 DSCR signals clean DSCR underwriting through Ziffy Mortgage, with no personal income verification required. Five-year value growth of $46,968 and $1,566/yr in equity accumulation project a total cumulative return of $84,564.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.4% | 7.2% |
| Monthly Cash Flow | $314 | $420 |
City averages based on Anderson market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,326 |
| Total Monthly Debt Service | $944 |
| DSCR Ratio | 1.40x |
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.
Manufactured
Built in N/A
0.32 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
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
Manufactured
Built in N/A
0.32 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Justin Vedders • Bluefield Realty Group
Mls Name: Greater Greenville AOR
Mls ID: #1566691