148 Cayman WayAndersonSC29621
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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 148 Cayman Way, Anderson, SC, 29621 uses $159,087 cash to close to unlock $6,313/yr annual cash flow and $526/mo monthly cash flow. Total monthly income runs $3,383/mo, and a $2,349/mo payment keeps the spread at $526/mo. Purchase price stands at $479,900, and rental yield measures 8.46% with $3,383/mo rent. Return on cash invested shows 23.88% in year one, and 5% annual appreciation builds toward $132,588 over five years. Five-year ROI reaches 123.83% and total cumulative return in cash records $197,001. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,383/mo property income covering a $2,349/mo payment rather than investor’s personal income.
Single Family
Built in 2024
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: Darlene Gould • Access Realty, LLC
Mls Name: WUMLS
Mls ID: #20291658