2085 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 2085 Saddlebred Dr, Iron Station, NC, 28080 at $560,000 posts ROI 7.59% with from $1,572/mo rent. Total monthly income equals $1,572/mo. Return on cash invested measures 7.59% and rental yield reads 3.37% at the current $560,000. Equity gained on principal adds $3,614/yr, and 5% annual appreciation supports $154,718 by year five. Five-year ROI prints 36.81% and total cumulative return in cash totals $67,817. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,572/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2021
0.20 Acres lot
$N/A/sqft
$440 semi-annually 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: Amy Horne • Opendoor Brokerage LLC
Mls Name: Canopy MLS as distributed by MLS GRID
Mls Provider:
Mls ID: #4235318
Disclaimer: Based on information submitted to the MLS GRID as of 2025-03-18 17:52:52 PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. [Click here for more information](/mls-disclaimers/#87)