318 Shingleoak DrLake WylieSC29710
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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 Lake Wylie at 318 Shingleoak Dr, Lake Wylie, SC, 29710 priced at $321,900 pairs $2,681/mo rent with $764/mo cash flow after a $1,576/mo payment. Total monthly income equals $2,681/mo, and annual cash flow comes to $9,172/yr on $106,710 invested. Return on cash invested is 28.5% in year one, and rental yield stands at 9.99% on a $321,900 basis. Equity gained on principal adds $2,077/yr, and 5% annual appreciation accumulates to $88,935 by year five. Five-year ROI measures 148.65% and total cumulative return in cash reaches $158,628. For financing, Ziffy Mortgage’s DSCR program evaluates $2,681/mo property income against a $1,576/mo payment instead of your W2s, 1099s, or Tax returns.
Townhouse
Built in 2005
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29710, Clover, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,559 (100%) |
| Owner Occupied HU | 14,168 (76.3%) |
| Renter Occupied HU | 3,409 (18.4%) |
| Vacant Housing Units | 982 ( 5.3%) |
| Median Home Value | $434,455 |
| Average Home Value | $479,171 |
Housing Distribution
Address Breakdown
Residential
17,336
Single Family
16,486
Multi-Family
850
Businesses
868
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Listed by: Michael Rivera • Keller Williams Ballantyne Area
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4325167