212 Pendergrass RdMarbleNC28905
Nearby investment properties with comparable rents
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 Marble at 212 Pendergrass Rd, Marble, NC, 28905 with 5% annual appreciation on a $325,000 basis while $2,306/mo rent supports operations. Total monthly income totals $2,306/mo and a $1,591/mo payment preserves $325/mo for cash returns. Annual cash flow comes to $3,900/yr on $107,738 deployed, and return on cash invested reaches 23.53% in year one. Equity gained on principal adds $2,097/yr, and five-year appreciation sums $89,792 alongside rental yield of 8.51%. Five-year ROI measures 122.12% and total cumulative return in cash totals $131,569.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,306/mo property income versus a $1,591/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2009
1.18 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Brittany Long • EXIT Realty Mtn View Prop.
Mls Name: Mountain Lakes BOR
Mls ID: #154206