376 Lawndale Dr

Gaston, SC 29053
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5 bd, 3 ba | 2,272 sqft | Built in 2019

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List Price
$286,000

Initial Investment

$77,935

Purchase Price

$286,000

Down Payment

25%

Rent

$1,990

Total Return

$108,973

Annualized Return

18.7%

Cap Rate

5.0%

Gross Yield

8.3%

Cash Flow

-$1,710

Appreciation

7.2%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

23,522

HOA

None

Flood Risk

Not Required

Over a half acre lot with NO HOA!! And five bedrooms under $300k?!? Bring the whole gang to this 5-bedroom, 3-bathroom home with an open floor plan and situated on a .54 acre corner lot. Built in 2019, this meticulously maintained residence is ready for a new owner. Full suite on the main level, but would be a great office or playroom. Dining area overlooks the kitchen with granite countertops. Great room is anchored by a cozy propane fireplace. Upstairs, you're greeted by a large loft, ideal for a second living area. The primary suite is a true retreat with vaulted ceilings, his & hers closets, and French doors leading to a luxurious bath equipped with a double sink vanity, separate shower, garden tub, and private water closet. Notable standard features include a music port/charging station, recessed lighting, front and back yard irrigation system, stained cabinets, granite countertops, and architectural shingles. Two-car garage and extra-wide driveway. This property is eligible for 100% financing through a USDA Rural Development Loan program Buyer must meet eligibility requirements.

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

Annual Financial Highlights

Expected Rent

$22,686

Expenses

-$3,698

Property Taxes

-$5,150

Loan Payments

-$15,548

Net Cash Flow

-$1,710

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:Molly Sims
RE/MAX At The Lake
Certified Agent Brokerage:Chris deTreville
Auben Realty, LLC
GA Brokerage License H-67288
SourceConsolidated MLS (CMLS)
MLS #583509
Last Updated: 04/26/2024 19:04
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