620 Charlotte AveRock HillSC29730
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 620 Charlotte Ave, Rock Hill, SC, 29730 generates $3,263/mo in rent and, after a $1,958/mo payment, leaves $882/mo in cash flow. Total monthly income is $3,263/mo, and annual cash flow is $10,580/yr on $132,600 invested. Return on cash invested sits at 27.89% in year one, and rental yield is 9.79% on a $400,000 entry. Equity gained on principal adds $2,581/yr, while 5% annual appreciation builds toward $110,513 over five years. Five-year ROI reaches 145.32% and total cumulative return in cash sums $192,688. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,263/mo property income rather than buyer’s personal income.
Single Family
Built in 1940
0.22 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29730, Rock Hill, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 26,777 (100%) |
| Owner Occupied HU | 15,536 (58.0%) |
| Renter Occupied HU | 9,205 (34.4%) |
| Vacant Housing Units | 2,036 ( 7.6%) |
| Median Home Value | $308,047 |
| Average Home Value | $338,248 |
Housing Distribution
Address Breakdown
Residential
25,370
Single Family
22,944
Multi-Family
2,426
Businesses
1,808
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Micah Winn • Keller Williams Connected
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4319792