1300 Old Denver School RdAndersonSC29625
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
Investment property for sale in Anderson at 1300 Old Denver School Rd, Anderson, SC, 29625 earns $40/mo cash flow from $2,570/mo rent with a $2,080/mo payment. Total monthly income totals $2,570/mo, and annual cash flow totals $484/yr on $140,854 capital. ROI tracks 20.25% on current figures, and rental yield reads 7.26% at a $424,900 purchase. Equity gained on principal adds $2,742/yr, and 5% annual appreciation supports $117,392 over five years. Five-year ROI reaches 104.39% and total cumulative return in cash sums $147,033. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,570/mo property income instead of your personal income.
Single Family
Built in 2024
1.01 Acres 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Traci M Brock • RE/MAX Executive Spartanburg
Mls Name: SAR
Mls ID: #326464