15861 Palmer RdMarstonNC28363
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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
Investment property for sale in Marston at 15861 Palmer Rd, Marston, NC, 28363 offers a 6.71% rental yield on a $225,000 purchase with $1,258/mo rent. 09% in year one. Equity gained on principal adds $1,452/yr while 5% annual appreciation supports $62,163 over five years. Portfolio math shows five-year ROI at 92.97% and total cumulative return in cash at $69,345. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,258/mo property income against a $1,101/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1974
0.67 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28363, Marston, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 581 (100%) |
| Owner Occupied HU | 416 (71.6%) |
| Renter Occupied HU | 103 (17.7%) |
| Vacant Housing Units | 62 (10.7%) |
| Median Home Value | $205,455 |
| Average Home Value | $228,582 |
Housing Distribution
Address Breakdown
Residential
488
Single Family
488
Multi-Family
0
Businesses
26
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Listed by: JERALD KENNON • NORTHGROUP REAL ESTATE
Mls Name: LPRMLS
Mls ID: #755452