1518 Lynhurst 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 1518 Lynhurst Dr, Gastonia, NC, 28054 generates $2,392/mo in rent and, after a $1,542/mo payment, leaves $472/mo in cash flow. Total monthly income is $2,392/mo, and annual cash flow is $5,664/yr on $104,423 invested. Return on cash invested sits at 25.33% in year one, and rental yield is 9.11% on a $315,000 entry. Equity gained on principal adds $2,033/yr, while 5% annual appreciation builds toward $87,029 over five years. Five-year ROI reaches 131.79% and total cumulative return in cash sums $137,621. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,392/mo property income rather than buyer’s personal income.
Single Family
Built in 1961
0.29 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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Listed by: Joni Taylor • Premier South
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4320610