157 Parker Claire LnKings MountainNC28086
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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 Kings Mountain at 157 Parker Claire Ln, Kings Mountain, NC, 28086 priced at $357,090 pairs $2,640/mo rent with $406/mo cash flow after a $1,748/mo payment. Total monthly income equals $2,640/mo, and annual cash flow comes to $4,866/yr on $118,375 invested. Return on cash invested is 24.02% in year one, and rental yield stands at 8.87% on a $357,090 basis. Equity gained on principal adds $2,304/yr, and 5% annual appreciation accumulates to $98,657 by year five. Five-year ROI measures 124.98% and total cumulative return in cash reaches $147,944. For financing, Ziffy Mortgage’s DSCR program evaluates $2,640/mo property income against a $1,748/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2025
0.24 Acres lot
$N/A/sqft
$58 monthly 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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Listed by: Maria Wilhelm • DR Horton Inc
Mls Name: Canopy MLS as distributed by MLS GRID
Mls Provider:
Mls ID: #4288378
Disclaimer: Based on information submitted to the MLS GRID as of 2025-08-04 08:23:01 PDT. 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](/mls-disclaimers/#87)