2705 Edgewood AveAndersonSC29625
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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
Rental property for sale in Anderson at 2705 Edgewood Ave, Anderson, SC, 29625 offers $1,264/mo rent that, after a $1,065/mo payment. Total monthly income is $1,264/mo. Return on cash invested measures 14.74% in year one, and rental yield stands at 6.97% at a $217,500 entry. Equity gained on principal adds $1,403/yr while 5% annual appreciation compounds into $60,091 by year five. Five-year ROI records 76.52% and total cumulative return in cash reaches $55,170. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,264/mo property income versus a $1,065/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1967
0.34 Acres 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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Listed by: Leigh Colombo • Allen Tate - Greenville/Simp.
Mls Name: Greater Greenville AOR
Mls Provider:
Mls ID: #1556800
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.