103 Amy DrKings MountainNC28086
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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 Kings Mountain at 103 Amy Dr, Kings Mountain, NC, 28086 offers $1,867/mo rent that, after a $929/mo payment, leaves $710/mo cash flow. Total monthly income is $1,867/mo, and annual cash flow is $8,521/yr on $62,952 cash. Return on cash invested measures 33.45% in year one, and rental yield stands at 11.8% at a $189,900 entry. Equity gained on principal adds $1,225/yr while 5% annual appreciation compounds into $52,466 by year five. Five-year ROI records 175.36% and total cumulative return in cash reaches $110,393. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,867/mo property income versus a $929/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Manufactured
Built in 1996
1.06 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28086, Kings Mountain, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,294 (100%) |
| Owner Occupied HU | 8,074 (65.7%) |
| Renter Occupied HU | 3,422 (27.8%) |
| Vacant Housing Units | 798 ( 6.5%) |
| Median Home Value | $264,200 |
| Average Home Value | $302,621 |
Housing Distribution
Address Breakdown
Residential
11,628
Single Family
11,521
Multi-Family
107
Businesses
799
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Listed by: Donna Sutton • Sutton Realty Professionals
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4255722