1860 Airport RdMarbleNC28905
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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 Marble at 1860 Airport Rd, Marble, NC, 28905 offers a 8.24% rental yield on a $209,800 purchase with $1,440/mo rent. Total monthly income registers $1,440/mo, and a $1,027/mo payment leaves $161/mo available for distribution. Annual cash flow reaches $1,935/yr on $69,549 to close, and return on cash invested stands at 22.69% in year one. Equity gained on principal adds $1,354/yr while 5% annual appreciation supports $57,964 over five years. Portfolio math shows five-year ROI at 117.69% and total cumulative return in cash at $81,853. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,440/mo property income against a $1,027/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Manufactured
Built in 2017
0.42 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28905, Marble, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,832 (100%) |
| Owner Occupied HU | 1,181 (64.5%) |
| Renter Occupied HU | 320 (17.5%) |
| Vacant Housing Units | 331 (18.1%) |
| Median Home Value | $258,529 |
| Average Home Value | $355,485 |
Housing Distribution
Address Breakdown
Residential
1,351
Single Family
1,351
Multi-Family
0
Businesses
81
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Listed by: Emily Kephart • REMAX Mountain Properties
Mls Name: NGBOR
Mls ID: #413122