131 Lookover DrAndersonSC29621
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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 131 Lookover Dr, Anderson, SC, 29621 at $165,000 posts ROI 25.8% with $268/mo cash flow from $1,251/mo rent. Total monthly income equals $1,251/mo, and annual cash flow records $3,221/yr on $54,698 to close. Return on cash invested measures 25.8% and rental yield reads 9.1% at the current $165,000. Equity gained on principal adds $1,065/yr, and 5% annual appreciation supports $45,586 by year five. Five-year ROI prints 134.18% and total cumulative return in cash totals $73,391.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,251/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Condo
Built in 2007
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
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Listed by: Anthony Frazier • Silver Star Real Estate
Mls Name: WUMLS
Mls ID: #20293566