1184 Molokai DrTega CaySC29708
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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 Tega Cay at 1184 Molokai Dr, Tega Cay, SC, 29708 uses $165,717 cash to close to unlock $2,819/yr annual cash flow and $235/mo monthly cash flow. Total monthly income runs $3,211/mo, and a $2,447/mo payment keeps the spread at $235/mo. Purchase price stands at $499,900, and rental yield measures 7.71% with $3,211/mo rent. Return on cash invested shows 21.61% in year one, and 5% annual appreciation builds toward $138,113 over five years. Five-year ROI reaches 111.65% and total cumulative return in cash records $185,016. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,211/mo property income covering a $2,447/mo payment rather than investor’s personal income.
Single Family
Built in 1972
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29708, Fort Mill, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,958 (100%) |
| Owner Occupied HU | 12,907 (76.1%) |
| Renter Occupied HU | 3,336 (19.7%) |
| Vacant Housing Units | 715 ( 4.2%) |
| Median Home Value | $515,723 |
| Average Home Value | $565,304 |
Housing Distribution
Address Breakdown
Residential
16,406
Single Family
13,697
Multi-Family
2,709
Businesses
825
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Listed by: SheAh Zhu • Honeynest Realty LLC
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4320271