3017 Patchwork CtFort 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 3017 Patchwork Ct, Fort Mill, SC, 29708 uses $132,269 cash to close to unlock $4,461/yr annual cash flow and $372/mo monthly cash flow. Total monthly income runs $2,747/mo, and a $1,953/mo payment keeps the spread at $372/mo. Purchase price stands at $399,000, and rental yield measures 8.26% with $2,747/mo rent. Return on cash invested shows 23.28% in year one, and 5% annual appreciation builds toward $110,236 over five years. Five-year ROI reaches 120.62% and total cumulative return in cash records $159,542. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,747/mo property income covering a $1,953/mo payment rather than investor’s personal income.
Townhouse
Built in 2021
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: Tracey Broome • NorthGroup Real Estate LLC
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4315641