98 Prairie LnAndersonSC29624
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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 98 Prairie Ln, Anderson, SC, 29624 uses $89,472 cash to close to unlock $7,936/yr annual cash flow and $661/mo monthly cash flow. Total monthly income runs $2,268/mo, and a $1,321/mo payment keeps the spread at $661/mo. Purchase price stands at $269,900, and rental yield measures 10.08% with $2,268/mo rent. Return on cash invested shows 28.78% in year one, and 5% annual appreciation builds toward $74,568 over five years. Five-year ROI reaches 150.14% and total cumulative return in cash records $134,334. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,268/mo property income covering a $1,321/mo payment rather than investor’s personal income.
Single Family
Built in N/A
8,712 sqft 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: Tonya Harris • North Group Real Estate
Mls Name: Greater Greenville AOR
Mls Provider:
Mls ID: #1548274
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.