307 Creamer RdAndersonSC29625
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 307 Creamer Rd, Anderson, SC, 29625 offers $2,525/mo rent that, after a $1,591/mo payment, leaves $590/mo cash flow. Total monthly income is $2,525/mo, and annual cash flow is $7,081/yr on $107,738 cash. Return on cash invested measures 26.48% in year one, and rental yield stands at 9.32% at a $325,000 entry. Equity gained on principal adds $2,097/yr while 5% annual appreciation compounds into $89,792 by year five. Five-year ROI records 137.81% and total cumulative return in cash reaches $148,477. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,525/mo property income versus a $1,591/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1971
1 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Chappelear and Associates • Western Upstate Keller William
Mls Name: WUMLS
Mls ID: #20295364