103 Airport RdStanleyNC28164
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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 Stanley at 103 Airport Rd, Stanley, NC, 28164 uses $107,738 cash to close to unlock $2,736/yr annual cash flow and $228/mo monthly cash flow. Total monthly income runs $2,209/mo, and a $1,591/mo payment keeps the spread at $228/mo. Purchase price stands at $325,000, and rental yield measures 8.16% with $2,209/mo rent. Return on cash invested shows 22.45% in year one, and 5% annual appreciation builds toward $89,792 over five years. Five-year ROI reaches 116.32% and total cumulative return in cash records $125,317. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,209/mo property income covering a $1,591/mo payment rather than investor’s personal income.
Single Family
Built in 1957
1.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28164, Stanley, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,790 (100%) |
| Owner Occupied HU | 5,220 (76.9%) |
| Renter Occupied HU | 1,257 (18.5%) |
| Vacant Housing Units | 313 ( 4.6%) |
| Median Home Value | $351,924 |
| Average Home Value | $372,055 |
Housing Distribution
Address Breakdown
Residential
6,306
Single Family
6,272
Multi-Family
34
Businesses
340
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Listed by: Preston Richardson • RE/MAX Select
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4304214