145 Crown CtKings MountainNC28086
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 Kings Mountain at 145 Crown Ct, Kings Mountain, NC, 28086 priced at $209,950 converts $1,408/mo rent into $128/mo cash flow after a $1,028/mo obligation. Total monthly income equals $1,408/mo, and annual cash flow totals $1,537/yr on $69,598 invested. Return on cash invested prints 22.12% in year one, and rental yield reads 8.05% against a $209,950 entry. Equity gained on principal adds $1,355/yr, while 5% annual appreciation compiles into $58,005 by year five. Five-year ROI reaches 114.62% and total cumulative return in cash sums $79,776. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,408/mo property income covering a $1,028/mo payment, not borrower’s personal income.
Manufactured
Built in 2000
0.39 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
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Nearby investment properties with comparable prices
Listed by: William Anderson • Green Creek Realty LLC
Mls Name: Canopy MLS as distributed by MLS GRID
Mls Provider:
Mls ID: #4138459
Disclaimer: Based on information submitted to the MLS GRID as of 2025-02-21 07:44:19 PST. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. [Click here for more information](/info/mls-disclaimers/#mls_87)