1816 Marchbanks AveAndersonSC29621
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowIf cash-on-cash performance is your primary filter, 1816 Marchbanks Ave, Anderson, SC, 29621 in Anderson deserves attention. This $210,000 property earns $2,016/mo in rent, a 11.52% gross yield, and nets $766/mo after the $944/mo payment. DSCR 2.14 makes it one of the cleaner DSCR underwriting candidates Ziffy Mortgage sees in this market. Five-year appreciation of $58,019 compounds alongside $1,934/yr in yearly equity build, for a total cumulative return of $128,731.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 11.5% | 7.2% |
| Monthly Cash Flow | $766 | $420 |
City averages based on Anderson market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,016 |
| Total Monthly Debt Service | $1,167 |
| DSCR Ratio | 1.73x |
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 2001
0.35 Acres 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
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 2001
0.35 Acres 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: WUMLS
Mls ID: #20298588