708 Anderson Rd LOT 4GreenvilleSC29601
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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 Greenville at 708 Anderson Rd LOT 4, Greenville, SC, 29601 offers $3,127/mo rent that, after a $2,589/mo payment. Total monthly income is $3,127/mo. Return on cash invested measures 19.91% in year one, and rental yield stands at 7.09% at a $529,000 entry. Equity gained on principal adds $3,414/yr while 5% annual appreciation compounds into $146,153 by year five. Five-year ROI records 102.52% and total cumulative return in cash reaches $178,421. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,127/mo property income versus a $2,589/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Townhouse
Built in 2024
1,431 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29601, Greenville, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,637 (100%) |
| Owner Occupied HU | 2,697 (28.0%) |
| Renter Occupied HU | 5,241 (54.4%) |
| Vacant Housing Units | 1,699 (17.6%) |
| Median Home Value | $595,087 |
| Average Home Value | $719,499 |
Housing Distribution
Address Breakdown
Residential
8,780
Single Family
4,683
Multi-Family
4,097
Businesses
1,624
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Listed by: Trey Cole • Coldwell Banker Caine/Williams
Mls Name: Greater Greenville AOR
Mls Provider:
Mls ID: #1541983
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.