1105 Stanton DrShelbyNC28150
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 Shelby at 1105 Stanton Dr, Shelby, NC, 28150 uses $49,062 cash to close to unlock $3,137/yr annual cash flow and $261/mo monthly cash flow. Total monthly income runs $1,163/mo, and a $724/mo payment keeps the spread at $261/mo. Purchase price stands at $148,000, and rental yield measures 9.43% with $1,163/mo rent. Return on cash invested shows 26.3% in year one, and 5% annual appreciation builds toward $40,890 over five years. Five-year ROI reaches 137.07% and total cumulative return in cash records $67,250. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,163/mo property income covering a $724/mo payment rather than investor’s personal income.
Single Family
Built in 1963
0.41 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jenise Taylor • Worthy & Associates Real Estate LLC
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4259993