148 Glencrest DrGastonSC29053
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 148 Glencrest Dr, Gaston, SC, 29053 generates $920/mo in rent and, after a $562/mo payment, leaves $236/mo in cash flow. Total monthly income is $920/mo, and annual cash flow is $2,837/yr on $38,089 invested. Return on cash invested sits at 27.36% in year one, and rental yield is 9.61% on a $114,900 entry. Equity gained on principal adds $741/yr, while 5% annual appreciation builds toward $31,745 over five years. Five-year ROI reaches 142.56% and total cumulative return in cash sums $54,302. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $920/mo property income rather than buyer’s personal income.
Manufactured
Built in 1999
0.44 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Steve Kozlowski • Century 21 Vanguard
Mls Name: Consolidated MLS
Mls ID: #621728