124 Sandywoods CtGastonSC29053
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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 Gaston at 124 Sandywoods Ct, Gaston, SC, 29053 priced at $149,900 converts $1,197/mo rent into $245/mo cash flow after a $734/mo obligation. Total monthly income equals $1,197/mo, and annual cash flow totals $2,943/yr on $49,692 invested. Return on cash invested prints 25.83% in year one, and rental yield reads 9.58% against a $149,900 entry. Equity gained on principal adds $967/yr, while 5% annual appreciation compiles into $41,415 by year five. Five-year ROI reaches 134.89% and total cumulative return in cash sums $67,031. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,197/mo property income covering a $734/mo payment, not borrower’s personal income.
Manufactured
Built in 1998
1.60 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: Jerry L Knightner • NextHome Midlands
Mls Name: Consolidated MLS
Mls Provider:
Mls ID: #606809
Disclaimer: IDX listing data provided courtesy of Consolidated MLS - Columbia, SC