96 Coosa LnAndersonSC29621
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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 Anderson at 96 Coosa Ln, Anderson, SC, 29621 priced at $355,000 pairs $2,754/mo rent with $640/mo cash flow after a $1,738/mo payment. Total monthly income equals $2,754/mo, and annual cash flow comes to $7,684/yr on $117,683 invested. Return on cash invested is 26.44% in year one, and rental yield stands at 9.31% on a $355,000 basis. Equity gained on principal adds $2,291/yr, and 5% annual appreciation accumulates to $98,080 by year five. Five-year ROI measures 137.56% and total cumulative return in cash reaches $161,880. For financing, Ziffy Mortgage’s DSCR program evaluates $2,754/mo property income against a $1,738/mo payment instead of your W2s, 1099s, or Tax returns.
Townhouse
Built in 2023
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29621, Anderson, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,771 (100%) |
| Owner Occupied HU | 14,049 (71.1%) |
| Renter Occupied HU | 4,410 (22.3%) |
| Vacant Housing Units | 1,312 ( 6.6%) |
| Median Home Value | $309,105 |
| Average Home Value | $353,657 |
Housing Distribution
Address Breakdown
Residential
19,047
Single Family
17,056
Multi-Family
1,991
Businesses
1,494
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Listed by: Nikki Sword • Redfin Corporation
Mls Name: WUMLS
Mls ID: #20295722