1808 Alpine LnGastoniaNC28054
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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 1808 Alpine Ln, Gastonia, NC, 28054 uses $97,130 cash to close to unlock $5,829/yr annual cash flow and $486/mo monthly cash flow. Total monthly income runs $2,347/mo, and a $1,434/mo payment keeps the spread at $486/mo. Purchase price stands at $293,000, and rental yield measures 9.61% with $2,347/mo rent. Return on cash invested shows 25.91% in year one, and 5% annual appreciation builds toward $80,951 over five years. Five-year ROI reaches 135.23% and total cumulative return in cash records $131,350. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,347/mo property income covering a $1,434/mo payment rather than investor’s personal income.
Single Family
Built in 1977
0.39 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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