647 Cypress Glen LnLake WylieSC29710
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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
Investment property for sale in Lake Wylie at 647 Cypress Glen Ln, Lake Wylie, SC, 29710 offers a 9.11% rental yield on a $358,000 purchase with $2,719/mo rent. Total monthly income registers $2,719/mo, and a $1,752/mo payment leaves $588/mo available for distribution. Annual cash flow reaches $7,057/yr on $118,677 to close, and return on cash invested stands at 25.86% in year one. Equity gained on principal adds $2,310/yr while 5% annual appreciation supports $98,909 over five years. Portfolio math shows five-year ROI at 134.46% and total cumulative return in cash at $159,570. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,719/mo property income against a $1,752/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Townhouse
Built in 2020
0.05 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29710, Clover, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,559 (100%) |
| Owner Occupied HU | 14,168 (76.3%) |
| Renter Occupied HU | 3,409 (18.4%) |
| Vacant Housing Units | 982 ( 5.3%) |
| Median Home Value | $434,455 |
| Average Home Value | $479,171 |
Housing Distribution
Address Breakdown
Residential
17,336
Single Family
16,486
Multi-Family
850
Businesses
868
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Listed by: Maria Rodriguez Nolazco • Lifestyle International Realty
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4290730