1498 Farrow DrRock HillSC29732
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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
Rental property for sale in Rock Hill at 1498 Farrow Dr, Rock Hill, SC, 29732 offers $3,805/mo rent that, after a $3,108/mo payment, leaves $25/mo cash flow. Total monthly income is $3,805/mo, and annual cash flow is $300/yr on $208,915 cash. Return on cash invested measures 20.2% in year one, and rental yield stands at 7.19% at a $635,000 entry. Equity gained on principal adds $4,098/yr while 5% annual appreciation compounds into $175,439 by year five. Five-year ROI records 104.07% and total cumulative return in cash reaches $217,412. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,805/mo property income versus a $3,108/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1998
0.58 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29732, Rock Hill, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 26,675 (100%) |
| Owner Occupied HU | 19,075 (71.5%) |
| Renter Occupied HU | 6,536 (24.5%) |
| Vacant Housing Units | 1,064 ( 4.0%) |
| Median Home Value | $358,238 |
| Average Home Value | $388,103 |
Housing Distribution
Address Breakdown
Residential
25,094
Single Family
22,850
Multi-Family
2,244
Businesses
2,055
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Listed by: J. Robert Hyman • Howard Hanna Allen Tate Rock Hill
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4309246