219 I 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 219 I St, Anderson, SC, 29625 uses $36,465 cash to close to unlock $2,564/yr annual cash flow and $214/mo monthly cash flow. Total monthly income runs $873/mo, and a $538/mo payment keeps the spread at $214/mo. Purchase price stands at $110,000, and rental yield measures 9.52% with $873/mo rent. Return on cash invested shows 26.94% in year one, and 5% annual appreciation builds toward $30,391 over five years. Five-year ROI reaches 140.35% and total cumulative return in cash records $51,180. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $873/mo property income covering a $538/mo payment rather than investor’s personal income.
Single Family
Built in 1970
8,276 sqft 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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Nearby investment properties with comparable prices
Listed by: Santana Blackburn • Realty One Group Reside
Mls Name: Consolidated MLS
Mls Provider:
Mls ID: #600010
Disclaimer: IDX listing data provided courtesy of Consolidated MLS - Columbia, SC