241 Chestnut AveTega CaySC29708
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 Tega Cay at 241 Chestnut Ave, Tega Cay, SC, 29708 offers $3,017/mo rent that, after a $2,374/mo payment, leaves $130/mo cash flow. Total monthly income is $3,017/mo, and annual cash flow is $1,557/yr on $160,778 cash. Return on cash invested measures 20.88% in year one, and rental yield stands at 7.46% at a $485,000 entry. Equity gained on principal adds $3,130/yr while 5% annual appreciation compounds into $133,997 by year five. Five-year ROI records 107.73% and total cumulative return in cash reaches $173,198. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,017/mo property income versus a $2,374/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2001
0.16 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jessica Stieben • Premier South
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4271945