2614 Broadway Lake RdAndersonSC29621
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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 2614 Broadway Lake Rd, Anderson, SC, 29621 earns $434/mo cash flow from $1,208/mo rent with a $636/mo payment. Total monthly income totals $1,208/mo, and annual cash flow totals $5,213/yr on $43,095 capital. ROI tracks 32.01% on current figures, and rental yield reads 11.15% at a $130,000 purchase. Equity gained on principal adds $839/yr, and 5% annual appreciation supports $35,917 over five years. Five-year ROI reaches 167.44% and total cumulative return in cash sums $72,159. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,208/mo property income instead of your personal income.
Single Family
Built in 1940
1.93 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
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