218 Bones RdGilbertSC29054
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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 218 Bones Rd, Gilbert, SC, 29054 uses $66,300 cash to close to unlock $2,996/yr annual cash flow and $250/mo monthly cash flow. Total monthly income runs $1,558/mo, and a $979/mo payment keeps the spread at $250/mo. Purchase price stands at $199,999, and rental yield measures 9.35% with $1,558/mo rent. Return on cash invested shows 24.43% in year one, and 5% annual appreciation builds toward $55,256 over five years. Five-year ROI reaches 127.56% and total cumulative return in cash records $84,572. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,558/mo property income covering a $979/mo payment rather than investor’s personal income.
Townhouse
Built in 2025
1,873 sqft lot
$N/A/sqft
$353 quarterly 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: Jeremy M Gould • Lennar Carolinas LLC
Mls Name: Consolidated MLS
Mls Provider:
Mls ID: #605814
Disclaimer: IDX listing data provided courtesy of Consolidated MLS - Columbia, SC