260 Treemount LnGastonSC29053
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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 260 Treemount Ln, Gaston, SC, 29053 priced at $159,995 pairs $1,394/mo rent with $442/mo cash flow after a $783/mo payment. Total monthly income equals $1,394/mo, and annual cash flow comes to $5,300/yr on $53,038 invested. Return on cash invested is 29.9% in year one, and rental yield stands at 10.46% on a $159,995 basis. Equity gained on principal adds $1,032/yr, and 5% annual appreciation accumulates to $44,204 by year five. Five-year ROI measures 156.16% and total cumulative return in cash reaches $82,824. For financing, Ziffy Mortgage’s DSCR program evaluates $1,394/mo property income against a $783/mo payment instead of your W2s, 1099s, or Tax returns.
Manufactured
Built in 1995
1.23 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
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Listed by: Chuck Backman • Mac's Real Estate Services Inc
Mls Name: Consolidated MLS
Mls Provider:
Mls ID: #589201
Disclaimer: IDX listing data provided courtesy of Consolidated MLS - Columbia, SC