135 Harbourtown DrCherryvilleNC28086
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Cherryville at 135 Harbourtown Dr, Cherryville, NC, 28086 priced at $589,900 pairs $1,838/mo rent with after a $2,887/mo payment. Total monthly income equals $1,838/mo. Return on cash invested is 9.2% in year one, and rental yield stands at 3.74% on a $589,900 basis. Equity gained on principal adds $3,807/yr, and 5% annual appreciation accumulates to $162,978 by year five. Five-year ROI measures 45.26% and total cumulative return in cash reaches $87,837. For financing, Ziffy Mortgage’s DSCR program evaluates $1,838/mo property income against a $2,887/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2025
0.68 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28086, Kings Mountain, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,294 (100%) |
| Owner Occupied HU | 8,074 (65.7%) |
| Renter Occupied HU | 3,422 (27.8%) |
| Vacant Housing Units | 798 ( 6.5%) |
| Median Home Value | $264,200 |
| Average Home Value | $302,621 |
Housing Distribution
Address Breakdown
Residential
11,628
Single Family
11,521
Multi-Family
107
Businesses
799
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Brittany Austin • Coldwell Banker Mountain View
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4338581