146 Cann 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 146 Cann Rd, Anderson, SC, 29625 offers a 11.01% rental yield on a $169,900 purchase with $1,559/mo rent. Total monthly income registers $1,559/mo, and a $832/mo payment leaves $547/mo available for distribution. Annual cash flow reaches $6,566/yr on $56,322 to close, and return on cash invested stands at 31.57% in year one. Equity gained on principal adds $1,096/yr while 5% annual appreciation supports $46,940 over five years. Portfolio math shows five-year ROI at 165.13% and total cumulative return in cash at $93,002. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,559/mo property income against a $832/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Manufactured
Built in 1999
0.58 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: David Williams • Lake Hartwell Properties
Mls Name: WUMLS
Mls ID: #20295030