199 Sugar Hill LnGastonSC29053
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 Gaston at 199 Sugar Hill Ln, Gaston, SC, 29053 offers $1,158/mo rent that, after a $534/mo payment, leaves $509/mo cash flow. Total monthly income is $1,158/mo, and annual cash flow is $6,104/yr on $36,134 cash. Return on cash invested measures 36.8% in year one, and rental yield stands at 12.75% at a $109,000 entry. Equity gained on principal adds $703/yr while 5% annual appreciation compounds into $30,115 by year five. Five-year ROI records 193.18% and total cumulative return in cash reaches $69,802. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,158/mo property income versus a $534/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1980
0.50 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: Janice Woods • Century 21 803 Realty
Mls Name: Consolidated MLS
Mls Provider:
Mls ID: #595017
Disclaimer: IDX listing data provided courtesy of Consolidated MLS - Columbia, SC