1323 Stork Dr #62ASalisburyNC28146
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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 Salisbury at 1323 Stork Dr #62A, Salisbury, NC, 28146 earns $110/mo cash flow from $2,340/mo rent with a $1,791/mo payment. Total monthly income totals $2,340/mo, and annual cash flow totals $1,319/yr on $121,296 capital. ROI tracks 21% on current figures, and rental yield reads 7.67% at a $365,900 purchase. Equity gained on principal adds $2,361/yr, and 5% annual appreciation supports $101,091 over five years. Five-year ROI reaches 108.54% and total cumulative return in cash sums $131,654. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,340/mo property income instead of your personal income.
Single Family
Built in 2025
0.10 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28146, Salisbury, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,710 (100%) |
| Owner Occupied HU | 10,285 (69.9%) |
| Renter Occupied HU | 3,181 (21.6%) |
| Vacant Housing Units | 1,244 ( 8.5%) |
| Median Home Value | $293,102 |
| Average Home Value | $349,013 |
Housing Distribution
Address Breakdown
Residential
13,452
Single Family
13,159
Multi-Family
293
Businesses
389
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Listed by: Kaylee Wilson • TLS Realty LLC
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4327083