1301 Laurel LnGastoniaNC28054
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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 1301 Laurel Ln, Gastonia, NC, 28054 generates $2,273/mo in rent and, after a $1,463/mo payment, leaves $451/mo in cash flow. Total monthly income is $2,273/mo, and annual cash flow is $5,414/yr on $99,119 invested. Return on cash invested sits at 25.37% in year one, and rental yield is 9.12% on a $299,000 entry. Equity gained on principal adds $1,929/yr, while 5% annual appreciation builds toward $82,608 over five years. Five-year ROI reaches 132.05% and total cumulative return in cash sums $130,882. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,273/mo property income rather than buyer’s personal income.
Single Family
Built in 1965
0.31 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28054, Gastonia, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,779 (100%) |
| Owner Occupied HU | 9,052 (48.2%) |
| Renter Occupied HU | 8,717 (46.4%) |
| Vacant Housing Units | 1,010 ( 5.4%) |
| Median Home Value | $270,652 |
| Average Home Value | $292,787 |
Housing Distribution
Address Breakdown
Residential
17,025
Single Family
14,663
Multi-Family
2,362
Businesses
1,476
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Listed by: Bobbie Lynn Dellinger • Premier South
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4319374