106 Robinson AveMount HollyNC28120
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Mount Holly at 106 Robinson Ave, Mount Holly, NC, 28120 priced at $210,000 pairs $1,656/mo rent with $376/mo cash flow after a $1,028/mo payment. Total monthly income equals $1,656/mo, and annual cash flow comes to $4,512/yr on $69,615 invested. Return on cash invested is 26.39% in year one, and rental yield stands at 9.46% on a $210,000 basis. Equity gained on principal adds $1,355/yr, and 5% annual appreciation accumulates to $58,019 by year five. Five-year ROI measures 137.46% and total cumulative return in cash reaches $95,692. For financing, Ziffy Mortgage’s DSCR program evaluates $1,656/mo property income against a $1,028/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1950
0.23 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28120, Mount Holly, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,511 (100%) |
| Owner Occupied HU | 8,249 (71.7%) |
| Renter Occupied HU | 2,623 (22.8%) |
| Vacant Housing Units | 639 ( 5.6%) |
| Median Home Value | $350,350 |
| Average Home Value | $385,667 |
Housing Distribution
Address Breakdown
Residential
10,633
Single Family
10,373
Multi-Family
260
Businesses
473
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Listed by: Keny Hernandez Martinez • Paola Alban Realtors
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4296786