178 Keith DrCantonNC28716
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 Canton at 178 Keith Dr, Canton, NC, 28716 uses $74,588 cash to close to unlock $4,980/yr annual cash flow and $415/mo monthly cash flow. Total monthly income runs $1,786/mo, and a $1,101/mo payment keeps the spread at $415/mo. Purchase price stands at $225,000, and rental yield measures 9.53% with $1,786/mo rent. Return on cash invested shows 26.59% in year one, and 5% annual appreciation builds toward $62,163 over five years. Five-year ROI reaches 138.5% and total cumulative return in cash records $103,305. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,786/mo property income covering a $1,101/mo payment rather than investor’s personal income.
Manufactured
Built in 1990
1.19 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28716, Canton, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,677 (100%) |
| Owner Occupied HU | 5,864 (67.6%) |
| Renter Occupied HU | 1,673 (19.3%) |
| Vacant Housing Units | 1,140 (13.1%) |
| Median Home Value | $249,573 |
| Average Home Value | $297,654 |
Housing Distribution
Address Breakdown
Residential
7,868
Single Family
7,802
Multi-Family
66
Businesses
437
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Danielle Fontenot • Keller Williams Professionals
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4304899