1021 N 14th StBessemer CityNC28016
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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
Investment property for sale in Bessemer City at 1021 N 14th St, Bessemer City, NC, 28016 listed at $199,900 pairs $1,736/mo rent with a $978/mo payment to leave $518/mo cash flow. Total monthly income runs $1,736/mo, and annual cash flow reaches $6,217/yr on $66,267 cash to close. Return on cash invested measures 29.29% in year one, and rental yield registers 10.42% at a $199,900 basis. Equity gained on principal adds $1,290/yr, and annual property appreciation at 5% supports $55,229 by year five. Five-year ROI tracks 153.11% and total cumulative return in cash totals $101,461. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,736/mo property income relative to a $978/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1930
2.12 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28016, Bessemer City, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,159 (100%) |
| Owner Occupied HU | 3,831 (62.2%) |
| Renter Occupied HU | 1,793 (29.1%) |
| Vacant Housing Units | 535 ( 8.7%) |
| Median Home Value | $248,734 |
| Average Home Value | $320,265 |
Housing Distribution
Address Breakdown
Residential
5,725
Single Family
5,675
Multi-Family
50
Businesses
306
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Listed by: Austin Hines • Dean Carpenters Real Estate Inc.
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4336593