2112 Sharpes Hill RdGastonSC29053
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 2112 Sharpes Hill Rd, Gaston, SC, 29053 listed at $130,000 pairs $1,613/mo rent with a $636/mo payment to leave $839/mo cash flow. Total monthly income runs $1,613/mo, and annual cash flow reaches $10,073/yr on $43,095 cash to close. Return on cash invested measures 43.28% in year one, and rental yield registers 14.89% at a $130,000 basis. Equity gained on principal adds $839/yr, and annual property appreciation at 5% supports $35,917 by year five. Five-year ROI tracks 227.92% and total cumulative return in cash totals $98,223. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,613/mo property income relative to a $636/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Manufactured
Built in 2000
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: Brenda M Fox • Best Properties,LLC
Mls Name: Consolidated MLS
Mls ID: #621369