1620 Millbrook 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
Investment property for sale in Fort Mill at 1620 Millbrook Ln, Fort Mill, SC, 29708 listed at $895,000 pairs $4,410/mo rent with a $4,381/mo payment. Total monthly income runs $4,410/mo. Return on cash invested measures 16.32% in year one, and rental yield registers 5.91% at a $895,000 basis. Equity gained on principal adds $5,775/yr, and annual property appreciation at 5% supports $247,272 by year five. Five-year ROI tracks 83.24% and total cumulative return in cash totals $245,090. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,410/mo property income relative to a $4,381/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1978
2.33 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Amy Gamble • Helen Adams Realty
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4321843