1233 Shull Island RdGilbertSC29054
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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 Gilbert at 1233 Shull Island Rd, Gilbert, SC, 29054 generates $1,412/mo in rent, after a $2,692/mo payment. Total monthly income is $1,412/mo. Return on cash invested sits at 7.71% in year one, and rental yield is 3.08% on a $550,000 entry. Equity gained on principal adds $3,549/yr, while 5% annual appreciation builds toward $151,955 over five years. Five-year ROI reaches 37.08% and total cumulative return in cash sums $67,102. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,412/mo property income rather than buyer’s personal income.
Single Family
Built in 1968
0.91 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29054, Gilbert, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,158 (100%) |
| Owner Occupied HU | 3,996 (77.5%) |
| Renter Occupied HU | 602 (11.7%) |
| Vacant Housing Units | 560 (10.9%) |
| Median Home Value | $364,544 |
| Average Home Value | $423,866 |
Housing Distribution
Address Breakdown
Residential
4,846
Single Family
4,819
Multi-Family
27
Businesses
224
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Listed by: Fallon Hines • Southern Visions Realty I LLC
Mls Name: Consolidated MLS
Mls ID: #622808