1421 N Post RdShelbyNC28150
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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
Investment property for sale in Shelby at 1421 N Post Rd, Shelby, NC, 28150 offers a 7.82% rental yield on a $239,900 purchase with $1,564/mo rent. Total monthly income registers $1,564/mo, and a $1,174/mo payment leaves $102/mo available for distribution. Annual cash flow reaches $1,225/yr on $79,527 to close, and return on cash invested stands at 21.45% in year one. Equity gained on principal adds $1,548/yr while 5% annual appreciation supports $66,280 over five years. Portfolio math shows five-year ROI at 111.04% and total cumulative return in cash at $88,303. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,564/mo property income against a $1,174/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1963
0.53 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28150, Shelby, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,246 (100%) |
| Owner Occupied HU | 7,826 (59.1%) |
| Renter Occupied HU | 4,275 (32.3%) |
| Vacant Housing Units | 1,145 ( 8.6%) |
| Median Home Value | $268,013 |
| Average Home Value | $335,622 |
Housing Distribution
Address Breakdown
Residential
12,547
Single Family
12,328
Multi-Family
219
Businesses
953
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Listed by: Justin Huitt • Huitt Realty LLC
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4329143