709 Pierce CtRock HillSC29730
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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 709 Pierce Ct, Rock Hill, SC, 29730 priced at $575,000 converts $3,313/mo rent into after a $2,814/mo obligation. Total monthly income equals $3,313/mo. Return on cash invested prints 19.37% in year one, and rental yield reads 6.91% against a $575,000 entry. Equity gained on principal adds $3,710/yr, while 5% annual appreciation compiles into $158,862 by year five. Five-year ROI reaches 99.59% and total cumulative return in cash sums $188,399. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,313/mo property income covering a $2,814/mo payment, not borrower’s personal income.
Single Family
Built in 2000
0.62 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
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Listed by: Rachel Ness • EXP Realty LLC Ballantyne
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4294711