1636 Hidden Garden LnGilbertSC29054
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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 Gilbert at 1636 Hidden Garden Ln, Gilbert, SC, 29054 priced at $283,900 converts $2,514/mo rent into $799/mo cash flow after a $1,390/mo obligation. Total monthly income equals $2,514/mo, and annual cash flow totals $9,582/yr on $94,113 invested. Return on cash invested prints 30.09% in year one, and rental yield reads 10.63% against a $283,900 entry. Equity gained on principal adds $1,832/yr, while 5% annual appreciation compiles into $78,436 by year five. Five-year ROI reaches 157.26% and total cumulative return in cash sums $148,005. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,514/mo property income covering a $1,390/mo payment, not borrower’s personal income.
Single Family
Built in 2024
5,662 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: Derrick Cox • LGI Homes-SC LLC
Mls Name: Consolidated MLS
Mls Provider:
Mls ID: #599799
Disclaimer: IDX listing data provided courtesy of Consolidated MLS - Columbia, SC