4314 Old Mill RdAndersonSC29621
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 4314 Old Mill Rd, Anderson, SC, 29621 uses $53,007 cash to close to unlock $6,373/yr annual cash flow and $531/mo monthly cash flow. Total monthly income runs $1,495/mo, and a $783/mo payment keeps the spread at $531/mo. Purchase price stands at $159,900, and rental yield measures 11.22% with $1,495/mo rent. Return on cash invested shows 31.93% in year one, and 5% annual appreciation builds toward $44,177 over five years. Five-year ROI reaches 167.2% and total cumulative return in cash records $88,626. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,495/mo property income covering a $783/mo payment rather than investor’s personal income.
Townhouse
Built in 1985
3,920 sqft 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Robert Tompkins • Real Broker, LLC
Mls Name: Greater Greenville AOR
Mls Provider:
Mls ID: #1568053
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.