207 Oakdale StGastoniaNC28054
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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
Rental property for sale in Gastonia at 207 Oakdale St, Gastonia, NC, 28054 priced at $200,000 pairs $1,742/mo rent with $523/mo cash flow after a $979/mo payment. Total monthly income equals $1,742/mo, and annual cash flow comes to $6,276/yr on $66,300 invested. Return on cash invested is 29.38% in year one, and rental yield stands at 10.45% on a $200,000 basis. Equity gained on principal adds $1,291/yr, and 5% annual appreciation accumulates to $55,256 by year five. Five-year ROI measures 153.46% and total cumulative return in cash reaches $101,744. For financing, Ziffy Mortgage’s DSCR program evaluates $1,742/mo property income against a $979/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1955
0.27 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: Sheila Fleming • Real Broker, LLC
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4320010