832 Summerlake DrFort MillSC29715
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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 Fort Mill at 832 Summerlake Dr, Fort Mill, SC, 29715 with 5% annual appreciation on a $375,000 basis while $3,086/mo rent supports operations. Total monthly income totals $3,086/mo and a $1,835/mo payment preserves $854/mo for cash returns. Annual cash flow comes to $10,250/yr on $124,313 deployed, and return on cash invested reaches 28.15% in year one. Equity gained on principal adds $2,420/yr, and five-year appreciation sums $103,606 alongside rental yield of 9.88%. Five-year ROI measures 146.78% and total cumulative return in cash totals $182,463.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,086/mo property income versus a $1,835/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Townhouse
Built in 2015
0.04 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: Lisa Manno • Assist2sell Buyers & Sellers 1st Choice LLC
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4298895