507 Ann Shaw AveFort 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
Rental property for sale in Fort Mill at 507 Ann Shaw Ave, Fort Mill, SC, 29708 priced at $749,000 converts $4,100/mo rent into after a $3,666/mo obligation. Total monthly income equals $4,100/mo. Return on cash invested prints 18.31% in year one, and rental yield reads 6.57% against a $749,000 entry. Equity gained on principal adds $4,833/yr, while 5% annual appreciation compiles into $206,935 by year five. Five-year ROI reaches 93.95% and total cumulative return in cash sums $231,520. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,100/mo property income covering a $3,666/mo payment, not borrower’s personal income.
Single Family
Built in 2004
0.27 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: Michele Branning • Keller Williams Connected
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4331915