114 Beech LnAndersonSC29621
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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
Rental property for sale in Anderson at 114 Beech Ln, Anderson, SC, 29621 priced at $310,000 converts $2,182/mo rent into $337/mo cash flow after a $1,517/mo obligation. Total monthly income equals $2,182/mo, and annual cash flow totals $4,043/yr on $102,765 invested. Return on cash invested prints 23.84% in year one, and rental yield reads 8.45% against a $310,000 entry. Equity gained on principal adds $2,000/yr, while 5% annual appreciation compiles into $85,647 by year five. Five-year ROI reaches 123.61% and total cumulative return in cash sums $127,027. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,182/mo property income covering a $1,517/mo payment, not borrower’s personal income.
Single Family
Built in N/A
N/A 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: Jennifer Elgin • NorthGroup Real Estate - Greenville
Mls Name: WUMLS
Mls ID: #20293191