149 Common Reed DrGilbertSC29054
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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 Gilbert at 149 Common Reed Dr, Gilbert, SC, 29054 listed at $269,900 pairs $2,356/mo rent with a $1,321/mo payment to leave $724/mo cash flow. Total monthly income runs $2,356/mo, and annual cash flow reaches $8,692/yr on $89,472 cash to close. Return on cash invested measures 29.62% in year one, and rental yield registers 10.47% at a $269,900 basis. Equity gained on principal adds $1,742/yr, and annual property appreciation at 5% supports $74,568 by year five. Five-year ROI tracks 154.78% and total cumulative return in cash totals $138,486. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,356/mo property income relative to a $1,321/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2020
6,098 sqft lot
$N/A/sqft
$300 annually 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: Lauren Porter Wilbert • EXIT Real Est Consultants
Mls Name: Consolidated MLS
Mls Provider:
Mls ID: #616616
Disclaimer: IDX listing data provided courtesy of Consolidated MLS - Columbia, SC