1660 Beleek Ridge LnLake WylieSC29710
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 Lake Wylie at 1660 Beleek Ridge Ln, Lake Wylie, SC, 29710 uses $137,573 cash to close to unlock $5,254/yr annual cash flow and $438/mo monthly cash flow. Total monthly income runs $2,908/mo, and a $2,031/mo payment keeps the spread at $438/mo. Purchase price stands at $415,000, and rental yield measures 8.41% with $2,908/mo rent. Return on cash invested shows 23.73% in year one, and 5% annual appreciation builds toward $114,657 over five years. Five-year ROI reaches 123.01% and total cumulative return in cash records $169,221. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,908/mo property income covering a $2,031/mo payment rather than investor’s personal income.
Single Family
Built in 2013
0.18 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Kippen Lester • Howard Hanna Allen Tate Lake Wylie
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4266744