234 Riverview TerLake WylieSC29710
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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 Lake Wylie at 234 Riverview Ter, Lake Wylie, SC, 29710 listed at $299,000 pairs $2,698/mo rent with a $1,463/mo payment to leave $919/mo cash flow. Total monthly income runs $2,698/mo, and annual cash flow reaches $11,023/yr on $99,119 cash to close. Return on cash invested measures 31.03% in year one, and rental yield registers 10.83% at a $299,000 basis. Equity gained on principal adds $1,929/yr, and annual property appreciation at 5% supports $82,608 by year five. Five-year ROI tracks 162.17% and total cumulative return in cash totals $160,738. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,698/mo property income relative to a $1,463/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1975
0.25 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
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Listed by: Joe Pascarella • Keller Williams Connected
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4331096