262 Silo Ridge DrAndersonSC29621
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
Investment Highlights
Investment property for sale in Anderson at 262 Silo Ridge Dr, Anderson, SC, 29621 with 5% annual appreciation on a $231,990 basis while $1,860/mo rent supports operations. Total monthly income totals $1,860/mo and a $1,135/mo payment preserves $479/mo for cash returns. Annual cash flow comes to $5,754/yr on $76,905 deployed, and return on cash invested reaches 27.39% in year one. Equity gained on principal adds $1,497/yr, and five-year appreciation sums $64,095 alongside rental yield of 9.62%. Five-year ROI measures 142.66% and total cumulative return in cash totals $109,711.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,860/mo property income versus a $1,135/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Townhouse
Built in 2026
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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • DRB Homes
Mls Name: DRB Homes
Mls Provider:
Mls ID: #N/A