331 Wilkes Place DrFort MillSC29715
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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 Fort Mill at 331 Wilkes Place Dr, Fort Mill, SC, 29715 generates $2,605/mo in rent and, after a $1,407/mo payment, leaves $894/mo in cash flow. Total monthly income is $2,605/mo, and annual cash flow is $10,725/yr on $95,306 invested. Return on cash invested sits at 31.16% in year one, and rental yield is 10.87% on a $287,500 entry. Equity gained on principal adds $1,855/yr, while 5% annual appreciation builds toward $79,431 over five years. Five-year ROI reaches 162.88% and total cumulative return in cash sums $155,231. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,605/mo property income rather than buyer’s personal income.
Townhouse
Built in 2001
0.03 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29715, Fort Mill, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,293 (100%) |
| Owner Occupied HU | 14,219 (77.7%) |
| Renter Occupied HU | 3,373 (18.4%) |
| Vacant Housing Units | 701 ( 3.8%) |
| Median Home Value | $473,041 |
| Average Home Value | $515,621 |
Housing Distribution
Address Breakdown
Residential
17,819
Single Family
16,220
Multi-Family
1,599
Businesses
780
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Listed by: Chris Beard • Rinehart Realty Corporation
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4302640