896 Anderson RdChesneeSC29323
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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 Chesnee at 896 Anderson Rd, Chesnee, SC, 29323 generates $2,862/mo in rent and, after a $1,554/mo payment, leaves $972/mo in cash flow. Total monthly income is $2,862/mo, and annual cash flow is $11,664/yr on $105,251 invested. Return on cash invested sits at 30.99% in year one, and rental yield is 10.82% on a $317,500 entry. Equity gained on principal adds $2,049/yr, while 5% annual appreciation builds toward $87,719 over five years. Five-year ROI reaches 161.94% and total cumulative return in cash sums $170,446. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,862/mo property income rather than buyer’s personal income.
Single Family
Built in 2023
0.65 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29323, Chesnee, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,207 (100%) |
| Owner Occupied HU | 5,516 (76.5%) |
| Renter Occupied HU | 1,222 (17.0%) |
| Vacant Housing Units | 469 ( 6.5%) |
| Median Home Value | $241,571 |
| Average Home Value | $280,371 |
Housing Distribution
Address Breakdown
Residential
7,074
Single Family
7,074
Multi-Family
0
Businesses
251
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Listed by: David Kesler • Kesler & Associates
Mls Name: Greater Greenville AOR
Mls ID: #1568289