2079 Lakebridge DrFort MillSC29715
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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
Investment property for sale in Fort Mill at 2079 Lakebridge Dr, Fort Mill, SC, 29715 uses $165,750 cash to close to unlock $6,682/yr annual cash flow and $557/mo monthly cash flow. Total monthly income runs $3,533/mo, and a $2,447/mo payment keeps the spread at $557/mo. Purchase price stands at $500,000, and rental yield measures 8.48% with $3,533/mo rent. Return on cash invested shows 23.94% in year one, and 5% annual appreciation builds toward $138,141 over five years. Five-year ROI reaches 124.15% and total cumulative return in cash records $205,772. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,533/mo property income covering a $2,447/mo payment rather than investor’s personal income.
Single Family
Built in 2014
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29715, Fort Mill, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,293 (100%) |
| Owner Occupied HU | 14,219 (77.7%) |
| Renter Occupied HU | 3,373 (18.4%) |
| Vacant Housing Units | 701 ( 3.8%) |
| Median Home Value | $473,041 |
| Average Home Value | $515,621 |
Housing Distribution
Address Breakdown
Residential
17,819
Single Family
16,220
Multi-Family
1,599
Businesses
780
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Listed by: Kyle Bender • EXP Realty LLC Ballantyne
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4325286