3137 Driftwood Point 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 3137 Driftwood Point Rd, Gilbert, SC, 29054 uses $197,071 cash to close to unlock $2,941/yr annual cash flow and $245/mo monthly cash flow. Total monthly income runs $3,811/mo, and a $2,932/mo payment keeps the spread at $245/mo. Purchase price stands at $599,000, and rental yield measures 7.63% with $3,811/mo rent. Return on cash invested shows 21.55% in year one, and 5% annual appreciation builds toward $165,493 over five years. Five-year ROI reaches 111.32% and total cumulative return in cash records $219,382. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,811/mo property income covering a $2,932/mo payment rather than investor’s personal income.
Single Family
Built in 2016
2 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: Brayden Shumpert • NextHome Specialists
Mls Name: Consolidated MLS
Mls Provider:
Mls ID: #607160
Disclaimer: IDX listing data provided courtesy of Consolidated MLS - Columbia, SC