315 Park AveRock HillSC29730
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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
Rental property for sale in Rock Hill at 315 Park Ave, Rock Hill, SC, 29730 priced at $518,000 converts $1,612/mo rent into after a $2,535/mo obligation. Total monthly income equals $1,612/mo. Return on cash invested prints 3.53% in year one, and rental yield reads 3.73% against a $518,000 entry. Equity gained on principal adds $3,343/yr, while 5% annual appreciation compiles into $143,114 by year five. Five-year ROI reaches 16.91% and total cumulative return in cash sums $28,819. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,612/mo property income covering a $2,535/mo payment, not borrower’s personal income.
Multi Family
Built in 1900
0.19 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29730, Rock Hill, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 26,777 (100%) |
| Owner Occupied HU | 15,536 (58.0%) |
| Renter Occupied HU | 9,205 (34.4%) |
| Vacant Housing Units | 2,036 ( 7.6%) |
| Median Home Value | $308,047 |
| Average Home Value | $338,248 |
Housing Distribution
Address Breakdown
Residential
25,370
Single Family
22,944
Multi-Family
2,426
Businesses
1,808
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Listed by: Hala Matar • Redfin Corporation
Mls Name: Canopy MLS as distributed by MLS GRID
Mls Provider:
Mls ID: #4197596
Disclaimer: Based on information submitted to the MLS GRID as of 2025-02-19 20:33:56 PST. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. [Click here for more information](/info/mls-disclaimers/#mls_87)