348 Gator RdGastonSC29053
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 348 Gator Rd, Gaston, SC, 29053 priced at $153,000 pairs $1,615/mo rent with $704/mo cash flow after a $749/mo payment. Total monthly income equals $1,615/mo, and annual cash flow comes to $8,449/yr on $50,720 invested. Return on cash invested is 36.57% in year one, and rental yield stands at 12.67% on a $153,000 basis. Equity gained on principal adds $987/yr, and 5% annual appreciation accumulates to $42,271 by year five. Five-year ROI measures 191.97% and total cumulative return in cash reaches $97,368. For financing, Ziffy Mortgage’s DSCR program evaluates $1,615/mo property income against a $749/mo payment instead of your W2s, 1099s, or Tax returns.
Manufactured
Built in 1997
0.80 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Perry Mcabee • Agent Group Realty Columbia
Mls Name: Consolidated MLS
Mls Provider:
Mls ID: #593560
Disclaimer: IDX listing data provided courtesy of Consolidated MLS - Columbia, SC