786 Petersburg Dr #238Fort MillSC29708
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
Investment property for sale in Fort Mill at 786 Petersburg Dr #238, Fort Mill, SC, 29708 offers a 11.48% rental yield on a $374,500 purchase with $3,583/mo rent. Total monthly income registers $3,583/mo, and a $1,833/mo payment leaves $1,174/mo available for distribution. Annual cash flow reaches $14,084/yr on $124,147 to close, and return on cash invested stands at 31.25% in year one. Equity gained on principal adds $2,417/yr while 5% annual appreciation supports $103,467 over five years. Portfolio math shows five-year ROI at 164% and total cumulative return in cash at $203,606. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,583/mo property income against a $1,833/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Townhouse
Built in 2007
0.08 Acres lot
$N/A/sqft
$180 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29708, Fort Mill, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,958 (100%) |
| Owner Occupied HU | 12,907 (76.1%) |
| Renter Occupied HU | 3,336 (19.7%) |
| Vacant Housing Units | 715 ( 4.2%) |
| Median Home Value | $515,723 |
| Average Home Value | $565,304 |
Housing Distribution
Address Breakdown
Residential
16,406
Single Family
13,697
Multi-Family
2,709
Businesses
825
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Christy Snyder • Premier South
Mls Name: Canopy MLS as distributed by MLS GRID
Mls Provider:
Mls ID: #4198355
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)