825 Renee AveFort MillSC29715
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
Rental property for sale in Fort Mill at 825 Renee Ave, Fort Mill, SC, 29715 priced at $299,999 converts $2,401/mo rent into $616/mo cash flow after a $1,468/mo obligation. Total monthly income equals $2,401/mo, and annual cash flow totals $7,386/yr on $99,450 invested. Return on cash invested prints 27.34% in year one, and rental yield reads 9.6% against a $299,999 entry. Equity gained on principal adds $1,936/yr, while 5% annual appreciation compiles into $82,884 by year five. Five-year ROI reaches 142.37% and total cumulative return in cash sums $141,588. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,401/mo property income covering a $1,468/mo payment, not borrower’s personal income.
Townhouse
Built in 2020
0.03 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29715, Fort Mill, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,293 (100%) |
| Owner Occupied HU | 14,219 (77.7%) |
| Renter Occupied HU | 3,373 (18.4%) |
| Vacant Housing Units | 701 ( 3.8%) |
| Median Home Value | $473,041 |
| Average Home Value | $515,621 |
Housing Distribution
Address Breakdown
Residential
17,819
Single Family
16,220
Multi-Family
1,599
Businesses
780
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Listed by: Paul Arini • Premier South
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4337457