1217 Mountain AveGastoniaNC28052
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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
Rental property for sale in Gastonia at 1217 Mountain Ave, Gastonia, NC, 28052 generates $1,987/mo in rent and, after a $1,174/mo payment, leaves $525/mo in cash flow. Total monthly income is $1,987/mo, and annual cash flow is $6,301/yr on $79,527 invested. Return on cash invested sits at 27.83% in year one, and rental yield is 9.94% on a $239,900 entry. Equity gained on principal adds $1,548/yr, while 5% annual appreciation builds toward $66,280 over five years. Five-year ROI reaches 145.27% and total cumulative return in cash sums $115,531. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,987/mo property income rather than buyer’s personal income.
Single Family
Built in 2025
0.17 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28052, Gastonia, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,705 (100%) |
| Owner Occupied HU | 7,782 (49.6%) |
| Renter Occupied HU | 6,479 (41.3%) |
| Vacant Housing Units | 1,444 ( 9.2%) |
| Median Home Value | $219,340 |
| Average Home Value | $255,405 |
Housing Distribution
Address Breakdown
Residential
14,504
Single Family
13,848
Multi-Family
656
Businesses
1,075
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Listed by: Rodney Almeida • Realtynex
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4311566