304 Cleveland 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 304 Cleveland Rd, Anderson, SC, 29626 with 5% annual appreciation on a $630,000 basis while $1,387/mo rent supports operations. 38% in year one. Equity gained on principal adds $4,065/yr, and five-year appreciation sums $174,057 alongside rental yield of 2.64%. Five-year ROI measures 29.94% and total cumulative return in cash totals $62,062. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,387/mo property income versus a $3,084/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1968
54 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: Jason McClendon • Mcclendon Realty LLC
Mls Name: MLS Of Greenwood Sc Inc.
Mls ID: #133026