Richdale Plan, The Cottages at Springfield Town CenterFort 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
Rental property for sale in Fort Mill at Richdale Plan, The Cottages at Springfield Town Center, Fort Mill, SC, 29715 priced at $629,500 converts $2,034/mo rent into after a $3,081/mo obligation. Total monthly income equals $2,034/mo. Return on cash invested prints 9.18% in year one, and rental yield reads 3.88% against a $629,500 entry. Equity gained on principal adds $4,062/yr, while 5% annual appreciation compiles into $173,919 by year five. Five-year ROI reaches 45.29% and total cumulative return in cash sums $93,802. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,034/mo property income covering a $3,081/mo payment, not borrower’s personal income.
Single Family
Built in 2025
N/A lot
$N/A/sqft
$165 monthly 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: N/A • Saussy Burbank, LLC
Mls Name: Saussy Burbank
Mls Provider:
Mls ID: #N/A