242 Tiger Lily DrFort 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 242 Tiger Lily Dr, Fort Mill, SC, 29708 uses $130,591 cash to close to unlock $6,421/yr annual cash flow and $535/mo monthly cash flow. Total monthly income runs $2,880/mo, and a $1,928/mo payment keeps the spread at $535/mo. Purchase price stands at $393,940, and rental yield measures 8.77% with $2,880/mo rent. Return on cash invested shows 24.83% in year one, and 5% annual appreciation builds toward $108,838 over five years. Five-year ROI reaches 128.93% and total cumulative return in cash records $168,369. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,880/mo property income covering a $1,928/mo payment rather than investor’s personal income.
Townhouse
Built in 2025
0.04 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: Jimmy McClurg • Meritage Homes of the Carolinas
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4277143