1705 Robinwood RdGastoniaNC28054
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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 1705 Robinwood Rd, Gastonia, NC, 28054 listed at $255,000 pairs $1,769/mo rent with a $1,248/mo payment to leave $215/mo cash flow. Total monthly income runs $1,769/mo, and annual cash flow reaches $2,580/yr on $84,533 cash to close. Return on cash invested measures 22.96% in year one, and rental yield registers 8.32% at a $255,000 basis. Equity gained on principal adds $1,645/yr, and annual property appreciation at 5% supports $70,452 by year five. Five-year ROI tracks 119.07% and total cumulative return in cash totals $100,652. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,769/mo property income relative to a $1,248/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1993
0.04 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: Anca Maga • Howard Hanna Allen Tate Gastonia
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4329881