709 Ferry StAndersonSC29626
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
Rental property for sale in Anderson at 709 Ferry St, Anderson, SC, 29626 priced at $145,040 pairs $1,285/mo rent with $326/mo cash flow after a $710/mo payment. Total monthly income equals $1,285/mo, and annual cash flow comes to $3,914/yr on $48,081 invested. Return on cash invested is 28.05% in year one, and rental yield stands at 10.63% on a $145,040 basis. Equity gained on principal adds $936/yr, and 5% annual appreciation accumulates to $40,072 by year five. Five-year ROI measures 147.17% and total cumulative return in cash reaches $70,761. For financing, Ziffy Mortgage’s DSCR program evaluates $1,285/mo property income against a $710/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29626, Anderson, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,348 (100%) |
| Owner Occupied HU | 4,567 (71.9%) |
| Renter Occupied HU | 1,078 (17.0%) |
| Vacant Housing Units | 703 (11.1%) |
| Median Home Value | $267,678 |
| Average Home Value | $304,614 |
Housing Distribution
Address Breakdown
Residential
6,151
Single Family
5,977
Multi-Family
174
Businesses
204
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: Zillow Rentals
Mls ID: #N/A