189 Schoolside DrRock HillSC29730
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 Rock Hill at 189 Schoolside Dr, Rock Hill, SC, 29730 offers $1,162/mo rent that, after a $734/mo payment, leaves $269/mo cash flow. Total monthly income is $1,162/mo, and annual cash flow is $3,232/yr on $49,692 cash. Return on cash invested measures 26.41% in year one, and rental yield stands at 9.3% at a $149,900 entry. Equity gained on principal adds $967/yr while 5% annual appreciation compounds into $41,415 by year five. Five-year ROI records 137.48% and total cumulative return in cash reaches $68,315. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,162/mo property income versus a $734/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Manufactured
Built in 1990
0.86 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29730, Rock Hill, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 26,777 (100%) |
| Owner Occupied HU | 15,536 (58.0%) |
| Renter Occupied HU | 9,205 (34.4%) |
| Vacant Housing Units | 2,036 ( 7.6%) |
| Median Home Value | $308,047 |
| Average Home Value | $338,248 |
Housing Distribution
Address Breakdown
Residential
25,370
Single Family
22,944
Multi-Family
2,426
Businesses
1,808
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Saige Maxwell • Saige Real Estate
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4293748