1303 W Dixon BlvdShelbyNC28152
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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
Investment property for sale in Shelby at 1303 W Dixon Blvd, Shelby, NC, 28152 earns $352/mo cash flow from $1,814/mo rent with a $1,174/mo payment. Total monthly income totals $1,814/mo, and annual cash flow totals $4,225/yr on $79,527 capital. ROI tracks 25.22% on current figures, and rental yield reads 9.07% at a $239,900 purchase. Equity gained on principal adds $1,548/yr, and 5% annual appreciation supports $66,280 over five years. Five-year ROI reaches 131.25% and total cumulative return in cash sums $104,383. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,814/mo property income instead of your personal income.
Single Family
Built in 1952
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28152, Shelby, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,103 (100%) |
| Owner Occupied HU | 6,672 (60.1%) |
| Renter Occupied HU | 3,696 (33.3%) |
| Vacant Housing Units | 735 ( 6.6%) |
| Median Home Value | $237,031 |
| Average Home Value | $257,087 |
Housing Distribution
Address Breakdown
Residential
10,647
Single Family
9,897
Multi-Family
750
Businesses
754
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Listed by: Teresa Coxey MacFarlane • Rockin Realty Inc
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4325410