1556 Gossage Ln NWConcordNC28027
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
Investment property for sale in Concord at 1556 Gossage Ln NW, Concord, NC, 28027 listed at $575,636 pairs $3,088/mo rent with a $2,817/mo payment. Total monthly income runs $3,088/mo. Return on cash invested measures 17.4% in year one, and rental yield registers 6.44% at a $575,636 basis. Equity gained on principal adds $3,714/yr, and annual property appreciation at 5% supports $159,038 by year five. Five-year ROI tracks 89.25% and total cumulative return in cash totals $169,026. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,088/mo property income relative to a $2,817/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2026
0.12 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28027, Concord, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 34,521 (100%) |
| Owner Occupied HU | 20,561 (59.6%) |
| Renter Occupied HU | 12,306 (35.6%) |
| Vacant Housing Units | 1,654 ( 4.8%) |
| Median Home Value | $407,377 |
| Average Home Value | $451,720 |
Housing Distribution
Address Breakdown
Residential
32,011
Single Family
28,282
Multi-Family
3,729
Businesses
2,407
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Kay Durrani • Pulte Home Corporation
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4327421