231 Hazel Rain RdGastonSC29053
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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
Rental property for sale in Gaston at 231 Hazel Rain Rd, Gaston, SC, 29053 generates $2,107/mo in rent and, after a $1,502/mo payment, leaves $212/mo in cash flow. Total monthly income is $2,107/mo, and annual cash flow is $2,540/yr on $101,757 invested. Return on cash invested sits at 22.4% in year one, and rental yield is 8.24% on a $306,959 entry. Equity gained on principal adds $1,981/yr, while 5% annual appreciation builds toward $84,807 over five years. Five-year ROI reaches 116.22% and total cumulative return in cash sums $118,261. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,107/mo property income rather than buyer’s personal income.
Single Family
Built in 2025
0.28 Acres lot
$N/A/sqft
$411 semi-annually 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
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Listed by: Jeremy M Gould • Lennar Carolinas LLC
Mls Name: Consolidated MLS
Mls Provider:
Mls ID: #606905
Disclaimer: IDX listing data provided courtesy of Consolidated MLS - Columbia, SC