Lancaster Plan, Winston PointGilbertSC29054
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 Gilbert at Lancaster Plan, Winston Point, Gilbert, SC, 29054 priced at $263,000 converts $1,861/mo rent into $296/mo cash flow after a $1,287/mo obligation. Total monthly income equals $1,861/mo, and annual cash flow totals $3,548/yr on $87,185 invested. Return on cash invested prints 23.98% in year one, and rental yield reads 8.49% against a $263,000 entry. Equity gained on principal adds $1,697/yr, while 5% annual appreciation compiles into $72,662 by year five. Five-year ROI reaches 124.37% and total cumulative return in cash sums $108,431. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,861/mo property income covering a $1,287/mo payment, not borrower’s personal income.
Single Family
Built in 2025
N/A 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • Mungo Homes
Mls Name: Mungo Homes, Inc
Mls Provider:
Mls ID: #N/A