148 Manchester DrGoldstonNC27252
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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 Goldston at 148 Manchester Dr, Goldston, NC, 27252 generates $1,581/mo in rent and, after a $1,101/mo payment, leaves $210/mo in cash flow. Total monthly income is $1,581/mo, and annual cash flow is $2,520/yr on $74,588 invested. Return on cash invested sits at 23.29% in year one, and rental yield is 8.43% on a $225,000 entry. Equity gained on principal adds $1,452/yr, while 5% annual appreciation builds toward $62,163 over five years. Five-year ROI reaches 120.82% and total cumulative return in cash sums $90,117. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,581/mo property income rather than buyer’s personal income.
Single Family
Built in 1961
0.60 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27252, Goldston, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 920 (100%) |
| Owner Occupied HU | 651 (70.8%) |
| Renter Occupied HU | 142 (15.4%) |
| Vacant Housing Units | 127 (13.8%) |
| Median Home Value | $175,833 |
| Average Home Value | $211,571 |
Housing Distribution
Address Breakdown
Residential
622
Single Family
622
Multi-Family
0
Businesses
64
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Listed by: KELLEY DUBOIS • ADCOCK REAL ESTATE SERVICES
Mls Name: LPRMLS
Mls Provider:
Mls ID: #740424
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.