1300 Hankins RdMarionNC28752
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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 Marion at 1300 Hankins Rd, Marion, NC, 28752 generates $3,983/mo in rent and, after a $3,059/mo payment, leaves $174/mo in cash flow. Total monthly income is $3,983/mo, and annual cash flow is $2,088/yr on $205,625 invested. Return on cash invested sits at 21.08% in year one, and rental yield is 7.65% on a $625,000 entry. Equity gained on principal adds $4,033/yr, while 5% annual appreciation builds toward $172,676 over five years. Five-year ROI reaches 108.93% and total cumulative return in cash sums $223,993. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,983/mo property income rather than buyer’s personal income.
Single Family
Built in 1973
2.88 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28752, Marion, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,281 (100%) |
| Owner Occupied HU | 8,731 (61.1%) |
| Renter Occupied HU | 3,542 (24.8%) |
| Vacant Housing Units | 2,008 (14.1%) |
| Median Home Value | $224,806 |
| Average Home Value | $296,949 |
Housing Distribution
Address Breakdown
Residential
12,672
Single Family
12,566
Multi-Family
106
Businesses
1,046
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Listed by: Crystal Schultz • Rhonda Silver Real Estate Group LLC
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4311205