1018 Chicory TrceLake WylieSC29710
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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 Lake Wylie at 1018 Chicory Trce, Lake Wylie, SC, 29710 generates $2,678/mo in rent and, after a $1,640/mo payment, leaves $683/mo in cash flow. Total monthly income is $2,678/mo, and annual cash flow is $8,202/yr on $111,053 invested. Return on cash invested sits at 27.29% in year one, and rental yield is 9.59% on a $335,000 entry. Equity gained on principal adds $2,162/yr, while 5% annual appreciation builds toward $92,554 over five years. Five-year ROI reaches 142.16% and total cumulative return in cash sums $157,868. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,678/mo property income rather than buyer’s personal income.
Townhouse
Built in 2020
0.05 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29710, Clover, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,559 (100%) |
| Owner Occupied HU | 14,168 (76.3%) |
| Renter Occupied HU | 3,409 (18.4%) |
| Vacant Housing Units | 982 ( 5.3%) |
| Median Home Value | $434,455 |
| Average Home Value | $479,171 |
Housing Distribution
Address Breakdown
Residential
17,336
Single Family
16,486
Multi-Family
850
Businesses
868
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Listed by: Bryan Provenzano • Keller Williams Ballantyne Area
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4323325