21465 Old Beatty Ford RdGold HillNC28071
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 Gold Hill at 21465 Old Beatty Ford Rd, Gold Hill, NC, 28071 offers a 8.77% rental yield on a $299,000 purchase with $2,185/mo rent. Total monthly income registers $2,185/mo, and a $1,463/mo payment leaves $363/mo available for distribution. Annual cash flow reaches $4,358/yr on $99,119 to close, and return on cash invested stands at 24.31% in year one. Equity gained on principal adds $1,929/yr while 5% annual appreciation supports $82,608 over five years. Portfolio math shows five-year ROI at 126.33% and total cumulative return in cash at $125,218. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,185/mo property income against a $1,463/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Manufactured
Built in 1997
1.05 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28071, Gold Hill, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,278 (100%) |
| Owner Occupied HU | 978 (76.5%) |
| Renter Occupied HU | 200 (15.6%) |
| Vacant Housing Units | 100 ( 7.8%) |
| Median Home Value | $292,056 |
| Average Home Value | $328,758 |
Housing Distribution
Address Breakdown
Residential
1,320
Single Family
1,320
Multi-Family
0
Businesses
58
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Melissa Quick • Key Real Estate
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4326908