907 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 907 Summerlake Dr, Fort Mill, SC, 29715 listed at $365,000 pairs $3,002/mo rent with a $1,786/mo payment to leave $830/mo cash flow. Total monthly income runs $3,002/mo, and annual cash flow reaches $9,957/yr on $120,998 cash to close. Return on cash invested measures 28.14% in year one, and rental yield registers 9.87% at a $365,000 basis. Equity gained on principal adds $2,355/yr, and annual property appreciation at 5% supports $100,843 by year five. Five-year ROI tracks 146.66% and total cumulative return in cash totals $177,451. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,002/mo property income relative to a $1,786/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Townhouse
Built in 2016
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: Marie Wellman • Morton Malloy Realty
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4299879