Gibson Plan, Riverwood FarmPiedmontSC29673
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
Investment property for sale in Piedmont at Gibson Plan, Riverwood Farm, Piedmont, SC, 29673 offers a 8.82% rental yield on a $368,900 purchase with $2,711/mo rent. Total monthly income registers $2,711/mo, and a $1,806/mo payment leaves $515/mo available for distribution. Annual cash flow reaches $6,175/yr on $122,290 to close, and return on cash invested stands at 24.96% in year one. Equity gained on principal adds $2,380/yr while 5% annual appreciation supports $101,920 over five years. Portfolio math shows five-year ROI at 129.62% and total cumulative return in cash at $158,516. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,711/mo property income against a $1,806/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2025
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29673, Piedmont, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,431 (100%) |
| Owner Occupied HU | 9,512 (70.8%) |
| Renter Occupied HU | 3,101 (23.1%) |
| Vacant Housing Units | 818 ( 6.1%) |
| Median Home Value | $277,568 |
| Average Home Value | $332,050 |
Housing Distribution
Address Breakdown
Residential
13,462
Single Family
12,786
Multi-Family
676
Businesses
994
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • Meritage Homes
Mls Name: Meritage Homes
Mls Provider:
Mls ID: #N/A