304 Cromer RdAndersonSC29624
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 304 Cromer Rd, Anderson, SC, 29624 listed at $199,624 pairs $1,672/mo rent with a $977/mo payment to leave $484/mo cash flow. Total monthly income runs $1,672/mo, and annual cash flow reaches $5,805/yr on $66,175 cash to close. Return on cash invested measures 28.68% in year one, and rental yield registers 10.05% at a $199,624 basis. Equity gained on principal adds $1,288/yr, and annual property appreciation at 5% supports $55,152 by year five. Five-year ROI tracks 149.6% and total cumulative return in cash totals $98,998. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,672/mo property income relative to a $977/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in N/A
1.60 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29624, Anderson, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,958 (100%) |
| Owner Occupied HU | 3,421 (49.2%) |
| Renter Occupied HU | 2,679 (38.5%) |
| Vacant Housing Units | 858 (12.3%) |
| Median Home Value | $96,027 |
| Average Home Value | $198,631 |
Housing Distribution
Address Breakdown
Residential
6,260
Single Family
6,049
Multi-Family
211
Businesses
751
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jeffrey Stovall • Bluefield Realty Group
Mls Name: Greater Greenville AOR
Mls Provider:
Mls ID: #1545965
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.