106 Independence CtKings 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
Investment property for sale in Kings Mountain at 106 Independence Ct, Kings Mountain, NC, 28086 earns from $2,020/mo rent with a $2,149/mo payment. Total monthly income totals $2,020/mo. ROI tracks 12.98% on current figures, and rental yield reads 5.52% at a $439,000 purchase. Equity gained on principal adds $2,833/yr, and 5% annual appreciation supports $121,288 over five years. Five-year ROI reaches 66.12% and total cumulative return in cash sums $96,224. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,020/mo property income instead of your personal income.
Single Family
Built in 2018
0.15 Acres lot
$N/A/sqft
$185 monthly 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: Chip McGill • Point 135 Real Estate
Mls Name: Canopy MLS as distributed by MLS GRID
Mls Provider:
Mls ID: #4246858
Disclaimer: Based on information submitted to the MLS GRID as of 2025-04-24 17:38:00 PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. [Click here for more information](/mls-disclaimers/#87)