1435 Green Circle DrGastoniaNC28054
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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
Rental property for sale in Gastonia at 1435 Green Circle Dr, Gastonia, NC, 28054 priced at $250,000 converts $1,667/mo rent into $143/mo cash flow after a $1,224/mo obligation. Total monthly income equals $1,667/mo, and annual cash flow totals $1,716/yr on $82,875 invested. Return on cash invested prints 21.98% in year one, and rental yield reads 8% against a $250,000 entry. Equity gained on principal adds $1,613/yr, while 5% annual appreciation compiles into $69,070 by year five. Five-year ROI reaches 113.81% and total cumulative return in cash sums $94,318. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,667/mo property income covering a $1,224/mo payment, not borrower’s personal income.
Single Family
Built in 1972
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28054, Gastonia, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,779 (100%) |
| Owner Occupied HU | 9,052 (48.2%) |
| Renter Occupied HU | 8,717 (46.4%) |
| Vacant Housing Units | 1,010 ( 5.4%) |
| Median Home Value | $270,652 |
| Average Home Value | $292,787 |
Housing Distribution
Address Breakdown
Residential
17,025
Single Family
14,663
Multi-Family
2,362
Businesses
1,476
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