1603 N Main StAndersonSC29625
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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 1603 N Main St, Anderson, SC, 29625 at $1,390,000 posts ROI 0.99% with from $1,074/mo rent. Total monthly income equals $1,074/mo. Return on cash invested measures 0.99% and rental yield reads 0.93% at the current $1,390,000. Equity gained on principal adds $8,969/yr, and 5% annual appreciation supports $384,031 by year five. Five-year ROI prints 1.04% and total cumulative return in cash totals $4,692. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,074/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Multi Family
Built in 1984
0.60 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
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Listed by: Adam Moses • Moses Realty Group, LLC
Mls Name: Greater Greenville AOR
Mls Provider:
Mls ID: #1542465
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.