227 Forest Cove RdAndersonSC29626
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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 227 Forest Cove Rd, Anderson, SC, 29626 with 5% annual appreciation on a $1,400,000 basis while $2,171/mo rent supports operations. 07% in year one. Equity gained on principal adds $9,034/yr, and five-year appreciation sums $386,794 alongside rental yield of 1.86%. Five-year ROI measures 17.48% and total cumulative return in cash totals $79,267. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,171/mo property income versus a $6,852/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1998
N/A 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
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Listed by: Jacqueline Anderson • That Realty Group
Mls Name: WUMLS
Mls ID: #20296444