100 Ruth LnGastonNC27832
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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
Rental property for sale in Gaston at 100 Ruth Ln, Gaston, NC, 27832 priced at $305,000 converts $0/mo rent into after a $1,493/mo obligation. Total monthly income equals $0/mo. Return on cash invested prints -2.15% in year one, and rental yield reads 0% against a $305,000 entry. Equity gained on principal adds $1,968/yr, while 5% annual appreciation compiles into $84,266 by year five. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $0/mo property income covering a $1,493/mo payment, not borrower’s personal income.
Single Family
Built in 2024
0.36 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27832, Gaston, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,362 (100%) |
| Owner Occupied HU | 773 (56.8%) |
| Renter Occupied HU | 324 (23.8%) |
| Vacant Housing Units | 265 (19.5%) |
| Median Home Value | $99,833 |
| Average Home Value | $178,561 |
Housing Distribution
Address Breakdown
Residential
935
Single Family
935
Multi-Family
0
Businesses
81
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No similar rental properties found nearby.
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Listed by: Vickie Irby • Coldwell Banker Advantage-Littleton
Mls Name: Roanoke Valley Lake Gaston BOR
Mls ID: #138204
Disclaimer: Copyright Roanoke Valley Lake Gaston Board of Realtors. All rights reserved. Information is deemed reliable but not guaranteed.