208 S Ransom StGastoniaNC28052
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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 Gastonia at 208 S Ransom St, Gastonia, NC, 28052 at $178,000 posts ROI 30.82% with $536/mo cash flow from $1,621/mo rent. Total monthly income equals $1,621/mo, and annual cash flow records $6,437/yr on $59,007 to close. Return on cash invested measures 30.82% and rental yield reads 10.93% at the current $178,000. Equity gained on principal adds $1,149/yr, and 5% annual appreciation supports $49,178 by year five. Five-year ROI prints 161.25% and total cumulative return in cash totals $95,149.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,621/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1900
0.13 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28052, Gastonia, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,705 (100%) |
| Owner Occupied HU | 7,782 (49.6%) |
| Renter Occupied HU | 6,479 (41.3%) |
| Vacant Housing Units | 1,444 ( 9.2%) |
| Median Home Value | $219,340 |
| Average Home Value | $255,405 |
Housing Distribution
Address Breakdown
Residential
14,504
Single Family
13,848
Multi-Family
656
Businesses
1,075
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Listed by: Michael Guerra • Lifestyle International Realty
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4268177