303 Edgewater DrAndersonSC29626
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
Rental property for sale in Anderson at 303 Edgewater Dr, Anderson, SC, 29626 priced at $599,900 pairs $2,473/mo rent with after a $2,936/mo payment. Total monthly income equals $2,473/mo. Return on cash invested is 13.39% in year one, and rental yield stands at 4.95% on a $599,900 basis. Equity gained on principal adds $3,871/yr, and 5% annual appreciation accumulates to $165,741 by year five. Five-year ROI measures 67.53% and total cumulative return in cash reaches $133,288. For financing, Ziffy Mortgage’s DSCR program evaluates $2,473/mo property income against a $2,936/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in N/A
0.57 Acres 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 Morini • Adly Group Realty
Mls Name: WUMLS
Mls ID: #20294144