1613 Stone Pine DrGastoniaNC28056
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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 Gastonia at 1613 Stone Pine Dr, Gastonia, NC, 28056 offers a 7.79% rental yield on a $479,900 purchase with $3,115/mo rent. Total monthly income registers $3,115/mo, and a $2,349/mo payment leaves $190/mo available for distribution. Annual cash flow reaches $2,281/yr on $159,087 to close, and return on cash invested stands at 21.34% in year one. Equity gained on principal adds $3,097/yr while 5% annual appreciation supports $132,588 over five years. Portfolio math shows five-year ROI at 110.44% and total cumulative return in cash at $175,689. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,115/mo property income against a $2,349/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2007
0.69 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28056, Gastonia, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,497 (100%) |
| Owner Occupied HU | 11,772 (76.0%) |
| Renter Occupied HU | 2,994 (19.3%) |
| Vacant Housing Units | 731 ( 4.7%) |
| Median Home Value | $354,424 |
| Average Home Value | $398,898 |
Housing Distribution
Address Breakdown
Residential
14,585
Single Family
14,276
Multi-Family
309
Businesses
665
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Listed by: Jody Adams • NorthGroup Real Estate LLC
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4306487