1816 Village CtGastonSC29053
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
Investment property for sale in Gaston at 1816 Village Ct, Gaston, SC, 29053 offers a 9.2% rental yield on a $172,900 purchase with $1,325/mo rent. Total monthly income registers $1,325/mo, and a $846/mo payment leaves $288/mo available for distribution. Annual cash flow reaches $3,459/yr on $57,316 to close, and return on cash invested stands at 25.94% in year one. Equity gained on principal adds $1,116/yr while 5% annual appreciation supports $47,769 over five years. Portfolio math shows five-year ROI at 134.99% and total cumulative return in cash at $77,372. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,325/mo property income against a $846/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1981
0.37 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jacob Hopper • eXp Realty LLC
Mls Name: Consolidated MLS
Mls Provider:
Mls ID: #605990
Disclaimer: IDX listing data provided courtesy of Consolidated MLS - Columbia, SC