1568 Meditation LnGilbertSC29054
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 Gilbert at 1568 Meditation Ln, Gilbert, SC, 29054 generates $2,237/mo in rent and, after a $1,272/mo payment, leaves $690/mo in cash flow. Total monthly income is $2,237/mo, and annual cash flow is $8,279/yr on $86,157 invested. Return on cash invested sits at 29.52% in year one, and rental yield is 10.33% on a $259,900 entry. Equity gained on principal adds $1,677/yr, while 5% annual appreciation builds toward $71,806 over five years. Five-year ROI reaches 154.04% and total cumulative return in cash sums $132,718. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,237/mo property income rather than buyer’s personal income.
Single Family
Built in 2023
8,276 sqft 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Cassi Marshall • Bluefield Realty Group
Mls Name: Consolidated MLS
Mls ID: #619048