1105 Fallaw RdGastonSC29053
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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 Gaston at 1105 Fallaw Rd, Gaston, SC, 29053 earns $65/mo cash flow from $2,089/mo rent with a $1,664/mo payment. Total monthly income totals $2,089/mo, and annual cash flow totals $782/yr on $112,710 capital. ROI tracks 20.6% on current figures, and rental yield reads 7.37% at a $340,000 purchase. Equity gained on principal adds $2,194/yr, and 5% annual appreciation supports $93,936 over five years. Five-year ROI reaches 106.28% and total cumulative return in cash sums $119,790. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,089/mo property income instead of your personal income.
Single Family
Built in 1988
3 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29053, Gaston, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,596 (100%) |
| Owner Occupied HU | 5,933 (69.0%) |
| Renter Occupied HU | 1,655 (19.3%) |
| Vacant Housing Units | 1,008 (11.7%) |
| Median Home Value | $148,220 |
| Average Home Value | $204,003 |
Housing Distribution
Address Breakdown
Residential
8,024
Single Family
8,024
Multi-Family
0
Businesses
259
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Listed by: David Jones • Coldwell Banker Realty
Mls Name: Consolidated MLS
Mls ID: #624414