811 Cherry RdRock HillSC29732
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 Rock Hill at 811 Cherry Rd, Rock Hill, SC, 29732 with 5% annual appreciation on a $205,000 basis while $1,638/mo rent supports operations. Total monthly income totals $1,638/mo and a $1,003/mo payment preserves $418/mo for cash returns. Annual cash flow comes to $5,017/yr on $67,958 deployed, and return on cash invested reaches 27.29% in year one. Equity gained on principal adds $1,323/yr, and five-year appreciation sums $56,638 alongside rental yield of 9.59%. Five-year ROI measures 142.19% and total cumulative return in cash totals $96,630.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,638/mo property income versus a $1,003/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1950
1 Acres 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Kristin Thompson • NorthGroup Real Estate LLC
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4322175