1809 Busby RdAndersonSC29626
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity BuilderThe 7.63% yield at 1809 Busby Rd, Anderson, SC, 29626 in Anderson is solid, but the $1,434/mo payment compresses net cash flow to $129/mo at $319,000. This is a tight-spread property, income covers debt, with little cushion. For investors who can optimise occupancy, the upside is real: 5% annual appreciation adds $88,134 by year five, and $2,938/yr in loan paydown builds equity. Ziffy Mortgage qualifies this via DSCR (1.41) without U.S. income documentation. Total projected return: $128,979.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 7.6% | 7.2% |
| Monthly Cash Flow | $129 | $420 |
City averages based on Anderson market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,028 |
| Total Monthly Debt Service | $1,772 |
| DSCR Ratio | 1.14x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1994
0.73 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29626, Anderson, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,348 (100%) |
| Owner Occupied HU | 4,567 (71.9%) |
| Renter Occupied HU | 1,078 (17.0%) |
| Vacant Housing Units | 703 (11.1%) |
| Median Home Value | $267,678 |
| Average Home Value | $304,614 |
Housing Distribution
Address Breakdown
Residential
6,151
Single Family
5,977
Multi-Family
174
Businesses
204
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
Single Family
Built in 1994
0.73 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29626, Anderson, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,348 (100%) |
| Owner Occupied HU | 4,567 (71.9%) |
| Renter Occupied HU | 1,078 (17.0%) |
| Vacant Housing Units | 703 (11.1%) |
| Median Home Value | $267,678 |
| Average Home Value | $304,614 |
Housing Distribution
Address Breakdown
Residential
6,151
Single Family
5,977
Multi-Family
174
Businesses
204
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Don McIntire • Cann Realty, LLC
Mls Name: WUMLS
Mls ID: #20297595