230 1st St SFort MillSC29708
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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 230 1st St S, Fort Mill, SC, 29708 offers a 8.32% rental yield on a $411,700 purchase with $2,856/mo rent. Total monthly income registers $2,856/mo, and a $2,015/mo payment leaves $405/mo available for distribution. Annual cash flow reaches $4,863/yr on $136,479 to close, and return on cash invested stands at 23.47% in year one. Equity gained on principal adds $2,657/yr while 5% annual appreciation supports $113,745 over five years. Portfolio math shows five-year ROI at 121.65% and total cumulative return in cash at $166,025. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,856/mo property income against a $2,015/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Home Type Unknown
Built in N/A
1 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
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Listed by: N/A • N/A
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Mls ID: #N/A