263 River Clay RdFort 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 263 River Clay Rd, Fort Mill, SC, 29708 with 5% annual appreciation on a $394,999 basis while $2,837/mo rent supports operations. Total monthly income totals $2,837/mo and a $1,933/mo payment preserves $486/mo for cash returns. Annual cash flow comes to $5,832/yr on $130,942 deployed, and return on cash invested reaches 24.36% in year one. Equity gained on principal adds $2,549/yr, and five-year appreciation sums $109,131 alongside rental yield of 8.62%. Five-year ROI measures 126.4% and total cumulative return in cash totals $165,510.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,837/mo property income versus a $1,933/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Townhouse
Built in 2009
0.05 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: Brielle McLaughlin • Carolina Living Associates LLC
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4317411