122 Deer Brook Dr UNIT AShelbyNC28150
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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 Shelby at 122 Deer Brook Dr UNIT A, Shelby, NC, 28150 offers $1,410/mo rent that, after a $2,039/mo payment. Total monthly income is $1,410/mo. Return on cash invested measures 10.1% in year one, and rental yield stands at 4.06% at a $416,500 entry. Equity gained on principal adds $2,688/yr while 5% annual appreciation compounds into $115,071 by year five. Five-year ROI records 50.12% and total cumulative return in cash reaches $69,204. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,410/mo property income versus a $2,039/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Townhouse
Built in 2024
N/A 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: Sue Amell • Costello Real Estate and Investments LLC
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4258533