129 Baird StGastonNC27832
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 Gaston at 129 Baird St, Gaston, NC, 27832 uses $56,024 cash to close to unlock $5,990/yr annual cash flow and $499/mo monthly cash flow. Total monthly income runs $1,565/mo, and a $827/mo payment keeps the spread at $499/mo. Purchase price stands at $169,000, and rental yield measures 11.11% with $1,565/mo rent. Return on cash invested shows 30.6% in year one, and 5% annual appreciation builds toward $46,692 over five years. Five-year ROI reaches 160.4% and total cumulative return in cash records $89,863. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,565/mo property income covering a $827/mo payment rather than investor’s personal income.
Single Family
Built in 1979
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27832, Gaston, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,362 (100%) |
| Owner Occupied HU | 773 (56.8%) |
| Renter Occupied HU | 324 (23.8%) |
| Vacant Housing Units | 265 (19.5%) |
| Median Home Value | $99,833 |
| Average Home Value | $178,561 |
Housing Distribution
Address Breakdown
Residential
935
Single Family
935
Multi-Family
0
Businesses
81
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Nearby investment properties with comparable prices
Listed by: Justin Sandeford • Coldwell Banker Advantage-Littleton
Mls Name: Roanoke Valley Lake Gaston BOR
Mls ID: #139885
Disclaimer: Copyright Roanoke Valley Lake Gaston Board of Realtors. All rights reserved. Information is deemed reliable but not guaranteed.