206 Broom StGilbertSC29054
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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 Gilbert at 206 Broom St, Gilbert, SC, 29054 uses $104,423 cash to close to unlock $5,576/yr annual cash flow and $465/mo monthly cash flow. Total monthly income runs $2,340/mo, and a $1,542/mo payment keeps the spread at $465/mo. Purchase price stands at $315,000, and rental yield measures 8.91% with $2,340/mo rent. Return on cash invested shows 25.25% in year one, and 5% annual appreciation builds toward $87,029 over five years. Five-year ROI reaches 131.17% and total cumulative return in cash records $136,973. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,340/mo property income covering a $1,542/mo payment rather than investor’s personal income.
Single Family
Built in 2024
0.25 Acres lot
$N/A/sqft
No 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: Hope Derrick • Keller Williams Realty
Mls Name: Consolidated MLS
Mls ID: #617029