203 S Main St

Gaston, SC 29053
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3 bd, 1 ba | 1,120 sqft | Built in 1945

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List Price
$90,000

Initial Investment

$24,525

Purchase Price

$90,000

Down Payment

25%

Rent

$1,350

Total Return

$60,397

Annualized Return

34.3%

Cap Rate

11.2%

Gross Yield

18%

Cash Flow

$4,379

Appreciation

7.2%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

0

HOA

None

Flood Risk

Not Required

This house is primed for your personal finishing touches! Featuring updated electrical wiring, newer windows, and access to public water and sewer, this home is full of potential and priced with room for improvements. Ideal for investors, this house requires cash or rehab loan to bring your vision to life.

See more in Analysis
Chris deTreville
Auben Realty, LLC
GA Agent License #64566

Annual Financial Highlights

Expected Rent

$15,390

Expenses

-$4,278

Property Taxes

-$1,840

Loan Payments

-$4,893

Net Cash Flow

$4,379

See more in Financials

Property Characteristics

Buyer's Agent

An experienced local, licensed real estate broker/agent will represent you in this transaction. They will negotiate on your behalf, from your first offer through closing.
  • You can contact your Agent with questions even before making an offer.
  • A professional home inspection will be conducted prior to closing.  This inspection, paid for by Roofstock, will be conducted by a Roofstock-affiliated vendor.  As soon as the report is ready, your Agent will discuss the findings with you and help with any next steps.

Property Management

Why choose?
From repairs and maintenance to communicating with tenants, our preferred property management teams protect your assets and keep things running smoothly.

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Listing Courtesy of:Mary Caughman
Caughman Realty
Certified Agent Brokerage:Chris deTreville
Auben Realty, LLC
GA Brokerage License H-67288
SourceConsolidated MLS (CMLS)
MLS #592826
Last Updated: 09/06/2024 17:09
Disclaimer: The accuracy of this information is deemed reliable but not guaranteed or warrantied. All information should be independently verified before making purchase decisions. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The content relating to real estate for sale on this website appears courtesy of the Multiple Listing Service (MLS) listed as the “Source” on this page. Individual listings appear with the permission of the real estate brokerage identified under the “Listing Agent” on this page.