405 Berkshire HlAndersonSC29621
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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 405 Berkshire Hl, Anderson, SC, 29621 priced at $568,500 pairs $3,854/mo rent with $469/mo cash flow after a $2,783/mo payment. Total monthly income equals $3,854/mo, and annual cash flow comes to $5,632/yr on $187,037 invested. Return on cash invested is 23.07% in year one, and rental yield stands at 8.14% on a $568,500 basis. Equity gained on principal adds $3,668/yr, and 5% annual appreciation accumulates to $157,066 by year five. Five-year ROI measures 119.48% and total cumulative return in cash reaches $223,462. For financing, Ziffy Mortgage’s DSCR program evaluates $3,854/mo property income against a $2,783/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1989
0.65 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29621, Anderson, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,771 (100%) |
| Owner Occupied HU | 14,049 (71.1%) |
| Renter Occupied HU | 4,410 (22.3%) |
| Vacant Housing Units | 1,312 ( 6.6%) |
| Median Home Value | $309,105 |
| Average Home Value | $353,657 |
Housing Distribution
Address Breakdown
Residential
19,047
Single Family
17,056
Multi-Family
1,991
Businesses
1,494
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Listed by: Suzette Christopher • RE/MAX Executive
Mls Name: WUMLS
Mls ID: #20293619