126 Harmony RdAndersonSC29624
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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 126 Harmony Rd, Anderson, SC, 29624 generates $1,255/mo in rent and, after a $734/mo payment, leaves $362/mo in cash flow. Total monthly income is $1,255/mo, and annual cash flow is $4,348/yr on $49,692 invested. Return on cash invested sits at 28.66% in year one, and rental yield is 10.05% on a $149,900 entry. Equity gained on principal adds $967/yr, while 5% annual appreciation builds toward $41,415 over five years. Five-year ROI reaches 149.5% and total cumulative return in cash sums $74,291. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,255/mo property income rather than buyer’s personal income.
Manufactured
Built in N/A
0.59 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29624, Anderson, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,958 (100%) |
| Owner Occupied HU | 3,421 (49.2%) |
| Renter Occupied HU | 2,679 (38.5%) |
| Vacant Housing Units | 858 (12.3%) |
| Median Home Value | $96,027 |
| Average Home Value | $198,631 |
Housing Distribution
Address Breakdown
Residential
6,260
Single Family
6,049
Multi-Family
211
Businesses
751
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Listed by: Kim Austin • Realty One Group Freedom - Anderson
Mls Name: WUMLS
Mls ID: #20294662