64 Downing CirGilbertSC29054
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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 64 Downing Cir, Gilbert, SC, 29054 uses $141,551 cash to close to unlock $1,753/yr annual cash flow and $146/mo monthly cash flow. Total monthly income runs $2,688/mo, and a $2,090/mo payment keeps the spread at $146/mo. Purchase price stands at $427,000, and rental yield measures 7.55% with $2,688/mo rent. Return on cash invested shows 21.15% in year one, and 5% annual appreciation builds toward $117,972 over five years. Five-year ROI reaches 109.2% and total cumulative return in cash records $154,569. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,688/mo property income covering a $2,090/mo payment rather than investor’s personal income.
Single Family
Built in 2016
5,227 sqft 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: Tami Floyd • EXIT Real Est Consultants
Mls Name: Consolidated MLS
Mls ID: #621580