217 Islay Way #53AndersonSC29621
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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 217 Islay Way #53, Anderson, SC, 29621 uses $61,755 cash to close to unlock $9,010/yr annual cash flow and $751/mo monthly cash flow. Total monthly income runs $1,860/mo, and a $912/mo payment keeps the spread at $751/mo. Purchase price stands at $186,290, and rental yield measures 11.98% with $1,860/mo rent. Return on cash invested shows 34.5% in year one, and 5% annual appreciation builds toward $51,468 over five years. Five-year ROI reaches 180.75% and total cumulative return in cash records $111,624. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,860/mo property income covering a $912/mo payment rather than investor’s personal income.
Townhouse
Built in 2025
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: N/A • McGuinn Homes
Mls Name: McGuinn Homes
Mls Provider:
Mls ID: #N/A