1080 Gin RdGold hillNC28071
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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
Total monthly income runs $1,542/mo, and a $2,692/mo payment. Purchase price stands at $550,000, and rental yield measures 3.36% with $1,542/mo rent. Return on cash invested shows 8.06% in year one, and 5% annual appreciation builds toward $151,955 over five years. Five-year ROI reaches 39.12% and total cumulative return in cash records $70,786. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,542/mo property income covering a $2,692/mo payment rather than investor’s personal income.
Single Family
Built in 1990
7.48 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28071, Gold Hill, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,278 (100%) |
| Owner Occupied HU | 978 (76.5%) |
| Renter Occupied HU | 200 (15.6%) |
| Vacant Housing Units | 100 ( 7.8%) |
| Median Home Value | $292,056 |
| Average Home Value | $328,758 |
Housing Distribution
Address Breakdown
Residential
1,320
Single Family
1,320
Multi-Family
0
Businesses
58
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Listed by: Dave Edwards • Keller Williams Lake Norman
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4308505