341 Wayne StGastonSC29053
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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 Gaston at 341 Wayne St, Gaston, SC, 29053 with 5% annual appreciation on a $197,900 basis while $1,703/mo rent supports operations. Total monthly income totals $1,703/mo and a $969/mo payment preserves $525/mo for cash returns. Annual cash flow comes to $6,295/yr on $65,604 deployed, and return on cash invested reaches 29.5% in year one. Equity gained on principal adds $1,277/yr, and five-year appreciation sums $54,676 alongside rental yield of 10.33%. Five-year ROI measures 154.01% and total cumulative return in cash totals $101,037.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,703/mo property income versus a $969/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Manufactured
Built in 1979
1.09 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: Julia Guerra • Coldwell Banker Realty
Mls Name: Consolidated MLS
Mls ID: #618535