119 Chapel AveAndersonSC29625
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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 119 Chapel Ave, Anderson, SC, 29625 uses $33,150 cash to close to unlock $8,064/yr annual cash flow and $672/mo monthly cash flow. Total monthly income runs $1,314/mo, and a $489/mo payment keeps the spread at $672/mo. Purchase price stands at $100,000, and rental yield measures 15.77% with $1,314/mo rent. Return on cash invested shows 44.23% in year one, and 5% annual appreciation builds toward $27,628 over five years. Five-year ROI reaches 233.6% and total cumulative return in cash records $77,440. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,314/mo property income covering a $489/mo payment rather than investor’s personal income.
Single Family
Built in 1984
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29625, Anderson, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,668 (100%) |
| Owner Occupied HU | 9,318 (63.5%) |
| Renter Occupied HU | 3,934 (26.8%) |
| Vacant Housing Units | 1,416 ( 9.7%) |
| Median Home Value | $253,495 |
| Average Home Value | $329,244 |
Housing Distribution
Address Breakdown
Residential
13,807
Single Family
12,938
Multi-Family
869
Businesses
706
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Listed by: Tyler Durham • Western Upstate Keller William
Mls Name: WUMLS
Mls Provider:
Mls ID: #20290976
Disclaimer: The data relating to real estate for sale on this Web site comes in part from the Broker Reciprocity Program of the Western Upstate Association of REALTORS, Inc. and the Western Upstate Multiple Listing Service, Inc This information is deemed reliable, but not guaranteed. Neither, the Western Upstate Association of REALTORS, Inc. or Western Upstate Multiple Listing Service of South Carolina, Inc., nor the listing broker, nor their agents or subagents are responsible for the accuracy of the information. The buyer is responsible for verifying all information. This information is provided by the Western Upstate Association of REALTORS, Inc. and Western Upstate Multiple Listing Service of South Carolina, Inc. for use by its members and is not intended for the use for any other purpose.