135 Kona LnFort MillSC29708
Nearby investment properties with comparable rents
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 Fort Mill at 135 Kona Ln, Fort Mill, SC, 29708 priced at $393,640 converts $2,880/mo rent into $536/mo cash flow after a $1,927/mo obligation. Total monthly income equals $2,880/mo, and annual cash flow totals $6,437/yr on $130,492 invested. Return on cash invested prints 24.84% in year one, and rental yield reads 8.78% against a $393,640 entry. Equity gained on principal adds $2,540/yr, while 5% annual appreciation compiles into $108,755 by year five. Five-year ROI reaches 129% and total cumulative return in cash sums $168,335. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,880/mo property income covering a $1,927/mo payment, not borrower’s personal income.
Townhouse
Built in 2025
0.04 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: Jimmy McClurg • Meritage Homes of the Carolinas
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4296672