166 Happy Town RdGastonSC29053
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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 Gaston at 166 Happy Town Rd, Gaston, SC, 29053 uses $63,549 cash to close to unlock $10,069/yr annual cash flow and $839/mo monthly cash flow. Total monthly income runs $1,980/mo, and a $938/mo payment keeps the spread at $839/mo. Purchase price stands at $191,700, and rental yield measures 12.39% with $1,980/mo rent. Return on cash invested shows 35.75% in year one, and 5% annual appreciation builds toward $52,963 over five years. Five-year ROI reaches 187.56% and total cumulative return in cash records $119,190. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,980/mo property income covering a $938/mo payment rather than investor’s personal income.
Single Family
Built in 1999
0.91 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
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