2015 Saddlebred DrIron StationNC28080
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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 Iron Station at 2015 Saddlebred Dr, Iron Station, NC, 28080 earns $324/mo cash flow from $3,736/mo rent with a $2,740/mo payment. Total monthly income totals $3,736/mo, and annual cash flow totals $3,889/yr on $184,207 capital. ROI tracks 22.17% on current figures, and rental yield reads 8.01% at a $559,900 purchase. Equity gained on principal adds $3,613/yr, and 5% annual appreciation supports $154,690 over five years. Five-year ROI reaches 114.83% and total cumulative return in cash sums $211,534. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,736/mo property income instead of your personal income.
Single Family
Built in 2020
0.18 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28080, Iron Station, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,788 (100%) |
| Owner Occupied HU | 3,097 (81.8%) |
| Renter Occupied HU | 444 (11.7%) |
| Vacant Housing Units | 247 ( 6.5%) |
| Median Home Value | $304,094 |
| Average Home Value | $347,301 |
Housing Distribution
Address Breakdown
Residential
3,594
Single Family
3,594
Multi-Family
0
Businesses
95
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Listed by: Steph Kronen • COMPASS
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4338671