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Rock Hill · Rock Hill, SC

531 Finley Road

Rock Hill, SC · 1,178 sqft

$250,000

  • 3Beds
  • 1.5Baths
  • 1,178SqFt
  • 1955Year
  • 4Days on market

About this home

INVESTOR OPPORTUNITY with established tenant already in place! 531 Finley Road offers the opportunity to acquire a renovated, tenant-occupied single-family rental in Rock Hill with immediate rental income and no initial vacancy to fill.

Currently tenant occupied at $1,600 per month on a month-to-month lease, the established long-term tenant would like to remain, creating an attractive opportunity for an investor looking to add a performing rental property to their portfolio without starting from scratch with vacancy, tenant placement, or an immediate renovation.

This 3-bedroom, 1.5-bath, single-story brick home offers 1,178 square feet of heated living area with a functional floor plan and additional utility, porch, and carport spaces. A full remodel was completed in 2022, giving investors the benefit of an updated property with many of the improvements already completed. Public water and sewer, central HVAC, and no HOA further add to the straightforward ownership profile.

The month-to-month lease provides flexibility for the next owner while offering the immediate benefit of an existing tenant who would prefer to stay.

LOOKING TO GROW YOUR RENTAL PORTFOLIO? A second tenant-occupied Rock Hill property at 439 Baker Street Extension is also available from the same seller. That property features 2 bedrooms and 1 bath with an established long-term tenant currently paying $1,200 per month on a month-to-month lease who would also like to remain.

Seller is open to considering a discounted package purchase of BOTH properties, creating a unique opportunity to acquire two renovated, tenant-occupied, income-producing single-family rentals in Rock Hill in one transaction.

Whether you're purchasing your first investment property, expanding an existing rental portfolio, or searching for tenant-occupied real estate, rental property, or an income-producing investment in Rock Hill, 531 Finley Road offers a compelling opportunity with an established tenant, existing rental income, and a recent full renovation already in place.

Property is tenant occupied. Please respect tenant privacy, follow all showing instructions, and do not disturb tenant.

Property details

Beds
3
Baths
1.5
SqFt
1,178
Lot
Year built
1955
Type
Single Family
Days on market
4
Heating
Central
Cooling
Central Air
Foundation
Crawl Space

Payment estimate

Estimated monthly payment

Includes P&I, tax, insurance

$1,808/ month

Principal & interest
$1,548
Property tax (~0.90%)
$187
Homeowners insurance
$72
HOA dues

Down payment

$12,500 down · $237,500 financed

Income to qualify (28% rule)

~$77,517 / year household

A rough rule — actual qualification depends on your full debt picture, credit, and the lender. Christy can introduce you to lenders she trusts.

Numbers are a directional estimate. Actual monthly cost varies by lender, credit, taxes assessed at closing, and insurance carrier. This is not a loan offer or pre-approval.

Location

Begin the conversation

When you're
ready, so am I.

Whether you're quietly considering a move or simply curious about what your home might bring today, I welcome the conversation. Every relationship begins with a coffee.