117 Olde Towne DrAndersonSC29621
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 117 Olde Towne Dr, Anderson, SC, 29621 priced at $389,900 pairs $2,408/mo rent with $87/mo cash flow after a $1,908/mo payment. Total monthly income equals $2,408/mo, and annual cash flow comes to $1,048/yr on $129,252 invested. Return on cash invested is 20.72% in year one, and rental yield stands at 7.41% on a $389,900 basis. Equity gained on principal adds $2,516/yr, and 5% annual appreciation accumulates to $107,722 by year five. Five-year ROI measures 106.9% and total cumulative return in cash reaches $138,169. For financing, Ziffy Mortgage’s DSCR program evaluates $2,408/mo property income against a $1,908/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2014
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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Cynthia Daniel • BHHS C Dan Joyner - Anderson
Mls Name: WUMLS
Mls ID: #20290474