1198 Anderson StWest UnionSC29696
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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 West Union at 1198 Anderson St, West Union, SC, 29696 generates $1,706/mo in rent and, after a $1,087/mo payment, leaves $384/mo in cash flow. Total monthly income is $1,706/mo, and annual cash flow is $4,609/yr on $73,593 invested. Return on cash invested sits at 26.17% in year one, and rental yield is 9.22% on a $222,000 entry. Equity gained on principal adds $1,433/yr, while 5% annual appreciation builds toward $61,335 over five years. Five-year ROI reaches 136.19% and total cumulative return in cash sums $100,227. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,706/mo property income rather than buyer’s personal income.
Single Family
Built in N/A
1.22 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29696, West Union, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,560 (100%) |
| Owner Occupied HU | 1,834 (71.6%) |
| Renter Occupied HU | 289 (11.3%) |
| Vacant Housing Units | 437 (17.1%) |
| Median Home Value | $340,930 |
| Average Home Value | $517,290 |
Housing Distribution
Address Breakdown
Residential
2,144
Single Family
2,086
Multi-Family
58
Businesses
175
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Listed by: Broadus Albertson • Albertson Real Estate, LLC
Mls Name: WUMLS
Mls ID: #20293417