163 Watts DrGilbertSC29054
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 163 Watts Dr, Gilbert, SC, 29054 priced at $361,795 converts $2,670/mo rent into $472/mo cash flow after a $1,771/mo obligation. Total monthly income equals $2,670/mo, and annual cash flow totals $5,668/yr on $119,935 invested. Return on cash invested prints 24.64% in year one, and rental yield reads 8.86% against a $361,795 entry. Equity gained on principal adds $2,335/yr, while 5% annual appreciation compiles into $99,957 by year five. Five-year ROI reaches 128.05% and total cumulative return in cash sums $153,573. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,670/mo property income covering a $1,771/mo payment, not borrower’s personal income.
Single Family
Built in 2024
7,405 sqft lot
$N/A/sqft
$525 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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Nearby investment properties with comparable prices
Listed by: Amy N Cain • Mungo Homes Properties LLC
Mls Name: Consolidated MLS
Mls Provider:
Mls ID: #597780
Disclaimer: IDX listing data provided courtesy of Consolidated MLS - Columbia, SC