108 Athens DrSalsNC28147
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
Investment property for sale in Sals at 108 Athens Dr, Sals, NC, 28147 uses $96,463 cash to close to unlock $262/yr annual cash flow and $22/mo monthly cash flow. Total monthly income runs $1,795/mo, and a $1,424/mo payment keeps the spread at $22/mo. Purchase price stands at $290,990, and rental yield measures 7.4% with $1,795/mo rent. Return on cash invested shows 20.18% in year one, and 5% annual appreciation builds toward $80,395 over five years. Five-year ROI reaches 104.18% and total cumulative return in cash records $100,491. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,795/mo property income covering a $1,424/mo payment rather than investor’s personal income.
Single Family
Built in 2025
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28147, Salisbury, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,649 (100%) |
| Owner Occupied HU | 6,894 (59.2%) |
| Renter Occupied HU | 3,774 (32.4%) |
| Vacant Housing Units | 981 ( 8.4%) |
| Median Home Value | $269,779 |
| Average Home Value | $295,947 |
Housing Distribution
Address Breakdown
Residential
10,954
Single Family
9,801
Multi-Family
1,153
Businesses
650
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • Century Complete
Mls Name: Century Communities
Mls Provider:
Mls ID: #N/A