1120 Cedar StMount HollyNC28120
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayMarkets with strong demand fundamentals often produce low-yield, high-appreciation assets. 1120 Cedar St, Mount Holly, NC, 28120 in Mount Holly fits: $625,000, 3.33% gross yield, and a projected 5% annual appreciation rate adding $172,676 in value within five years. Rental yield 3.33%. The narrow rent-to-debt spread is the trade-off for market growth. Ziffy Mortgage's DSCR loan (0.62) finances non-U.S. buyers without personal income documentation; optimise coverage with a 30–35% down payment. $5,756/yr in principal paydown and $172,676 in appreciation project a total return of $103,234.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 3.3% | 6.2% |
| Monthly Cash Flow | $(2,075) | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $1,734 |
| Total Monthly Debt Service | $3,560 |
| DSCR Ratio | 0.49x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1960
0.70 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
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
Single Family
Built in 1960
0.70 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Bill Mathers • MATHERS REALTY.COM
Mls Name: Canopy MLS as distributed by MLS GRID
Mls Provider:
Mls ID: #4219467
Disclaimer: Based on information submitted to the MLS GRID as of 2025-02-21 15:09:15 PST. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. [Click here for more information](/info/mls-disclaimers/#mls_87)