294 Elis WayFort 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 294 Elis Way, Fort Mill, SC, 29708 offers a 7.04% rental yield on a $409,900 purchase with $2,406/mo rent. 61% in year one. Equity gained on principal adds $2,645/yr while 5% annual appreciation supports $113,248 over five years. Portfolio math shows five-year ROI at 100.95% and total cumulative return in cash at $137,176. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,406/mo property income against a $2,006/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Townhouse
Built in 2000
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: Joe Detraglia • Assist2sell Buyers & Sellers 1st Choice LLC
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4330778