604 W Market StAndersonSC29624
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 604 W Market St, Anderson, SC, 29624 at $141,500 posts ROI 26.98% with $276/mo cash flow from $1,119/mo rent. Total monthly income equals $1,119/mo, and annual cash flow records $3,315/yr on $46,907 to close. Return on cash invested measures 26.98% and rental yield reads 9.49% at the current $141,500. Equity gained on principal adds $913/yr, and 5% annual appreciation supports $39,094 by year five. Five-year ROI prints 140.53% and total cumulative return in cash totals $65,917.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,119/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1961
5,662 sqft 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
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Nearby investment properties with comparable prices
Listed by: Celesia Patterson • Coldwell Banker Caine/Williams
Mls Name: WUMLS
Mls ID: #20295519