1022 Chicory TrceLake WylieSC29710
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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 Lake Wylie at 1022 Chicory Trce, Lake Wylie, SC, 29710 uses $107,738 cash to close to unlock $9,181/yr annual cash flow and $765/mo monthly cash flow. Total monthly income runs $2,700/mo, and a $1,591/mo payment keeps the spread at $765/mo. Purchase price stands at $325,000, and rental yield measures 9.97% with $2,700/mo rent. Return on cash invested shows 28.43% in year one, and 5% annual appreciation builds toward $89,792 over five years. Five-year ROI reaches 148.27% and total cumulative return in cash records $159,745. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,700/mo property income covering a $1,591/mo payment rather than investor’s personal income.
Townhouse
Built in 2020
0.04 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: Pamela White • The Kingdom Property Group LLC
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4330328