429 Hendon Row WayFort 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 429 Hendon Row Way, Fort Mill, SC, 29715 offers $5,603/mo rent that, after a $7,337/mo payment. Total monthly income is $5,603/mo. Return on cash invested measures 12.17% in year one, and rental yield stands at 4.49% at a $1,499,000 entry. Equity gained on principal adds $9,673/yr while 5% annual appreciation compounds into $414,146 by year five. Five-year ROI records 60.9% and total cumulative return in cash reaches $295,797. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $5,603/mo property income versus a $7,337/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2005
1.01 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: Amy Stanley • Coldwell Banker Realty
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4289494