535 Cotton Field RdRock HillSC29732
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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 535 Cotton Field Rd, Rock Hill, SC, 29732 priced at $474,900 pairs $3,566/mo rent with $702/mo cash flow after a $2,324/mo payment. Total monthly income equals $3,566/mo, and annual cash flow comes to $8,423/yr on $157,429 invested. Return on cash invested is 25.26% in year one, and rental yield stands at 9.01% on a $474,900 basis. Equity gained on principal adds $3,064/yr, and 5% annual appreciation accumulates to $131,206 by year five. Five-year ROI measures 131.32% and total cumulative return in cash reaches $206,735. For financing, Ziffy Mortgage’s DSCR program evaluates $3,566/mo property income against a $2,324/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2005
0.20 Acres lot
$N/A/sqft
$450 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29732, Rock Hill, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 26,675 (100%) |
| Owner Occupied HU | 19,075 (71.5%) |
| Renter Occupied HU | 6,536 (24.5%) |
| Vacant Housing Units | 1,064 ( 4.0%) |
| Median Home Value | $358,238 |
| Average Home Value | $388,103 |
Housing Distribution
Address Breakdown
Residential
25,094
Single Family
22,850
Multi-Family
2,244
Businesses
2,055
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Listed by: Melissa Faile • Carolina Realty Solutions
Mls Name: Canopy MLS as distributed by MLS GRID
Mls Provider:
Mls ID: #4184158
Disclaimer: Based on information submitted to the MLS GRID as of 2024-01-24 10:55:15 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)