108 Augusta LnShelbyNC28150
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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 Shelby at 108 Augusta Ln, Shelby, NC, 28150 listed at $725,000 pairs $3,539/mo rent with a $3,549/mo payment. Total monthly income runs $3,539/mo. Return on cash invested measures 15.63% in year one, and rental yield registers 5.86% at a $725,000 basis. Equity gained on principal adds $4,678/yr, and annual property appreciation at 5% supports $200,304 by year five. Five-year ROI tracks 79.75% and total cumulative return in cash totals $190,217. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,539/mo property income relative to a $3,549/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2024
0.60 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28150, Shelby, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,246 (100%) |
| Owner Occupied HU | 7,826 (59.1%) |
| Renter Occupied HU | 4,275 (32.3%) |
| Vacant Housing Units | 1,145 ( 8.6%) |
| Median Home Value | $268,013 |
| Average Home Value | $335,622 |
Housing Distribution
Address Breakdown
Residential
12,547
Single Family
12,328
Multi-Family
219
Businesses
953
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Listed by: Zen Benitez • Lifestyle International Realty
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4276079