720 Herlong AveRock 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
Investment property for sale in Rock Hill at 720 Herlong Ave, Rock Hill, SC, 29732 with 5% annual appreciation on a $329,900 basis while $2,861/mo rent supports operations. Total monthly income totals $2,861/mo and a $1,615/mo payment preserves $897/mo for cash returns. Annual cash flow comes to $10,762/yr on $109,362 deployed, and return on cash invested reaches 29.75% in year one. Equity gained on principal adds $2,129/yr, and five-year appreciation sums $91,145 alongside rental yield of 10.41%. Five-year ROI measures 155.3% and total cumulative return in cash totals $169,839.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,861/mo property income versus a $1,615/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Townhouse
Built in 2023
N/A lot
$N/A/sqft
No 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: Michelle Robinson • EXP Realty LLC Ballantyne
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4259738