13360 Main StGibsonNC28343
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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 Gibson at 13360 Main St, Gibson, NC, 28343 offers a 17.84% rental yield on a $119,900 purchase with $1,783/mo rent. Total monthly income registers $1,783/mo, and a $587/mo payment leaves $1,037/mo available for distribution. Annual cash flow reaches $12,438/yr on $39,747 to close, and return on cash invested stands at 51.2% in year one. Equity gained on principal adds $774/yr while 5% annual appreciation supports $33,126 over five years. Portfolio math shows five-year ROI at 270.75% and total cumulative return in cash at $107,616. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,783/mo property income against a $587/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1959
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28343, Gibson, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 592 (100%) |
| Owner Occupied HU | 343 (57.9%) |
| Renter Occupied HU | 175 (29.6%) |
| Vacant Housing Units | 74 (12.5%) |
| Median Home Value | $82,059 |
| Average Home Value | $156,020 |
Housing Distribution
Address Breakdown
Residential
614
Single Family
590
Multi-Family
24
Businesses
26
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Listed by: KIMBERLY BULLARD • KASTLE PROPERTIES LLC
Mls Name: LPRMLS
Mls Provider:
Mls ID: #730862
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.