648 Woodvale RdAndersonSC29624
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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
Investment property for sale in Anderson at 648 Woodvale Rd, Anderson, SC, 29624 earns $508/mo cash flow from $1,520/mo rent with a $832/mo payment. Total monthly income totals $1,520/mo, and annual cash flow totals $6,098/yr on $56,322 capital. ROI tracks 30.74% on current figures, and rental yield reads 10.74% at a $169,900 purchase. Equity gained on principal adds $1,096/yr, and 5% annual appreciation supports $46,940 over five years. Five-year ROI reaches 160.65% and total cumulative return in cash sums $90,482. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,520/mo property income instead of your personal income.
Single Family
Built in 1972
0.37 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
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Listed by: Isabella Frazier • Trelora Realty Inc
Mls Name: Consolidated MLS
Mls ID: #622735