612 Richmond 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 612 Richmond Rd, Gaston, SC, 29053 priced at $309,859 pairs $2,107/mo rent with $262/mo cash flow after a $1,517/mo payment. Total monthly income equals $2,107/mo, and annual cash flow comes to $3,145/yr on $102,718 invested. Return on cash invested is 22.97% in year one, and rental yield stands at 8.16% on a $309,859 basis. Equity gained on principal adds $1,999/yr, and 5% annual appreciation accumulates to $85,608 by year five. Five-year ROI measures 119% and total cumulative return in cash reaches $122,231. For financing, Ziffy Mortgage’s DSCR program evaluates $2,107/mo property income against a $1,517/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2025
N/A 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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Nearby investment properties with comparable prices
Listed by: N/A • Lennar
Mls Name: Lennar Homes
Mls Provider:
Mls ID: #N/A