220 S Forest Hills School RdMarshvilleNC28103
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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 Marshville at 220 S Forest Hills School Rd, Marshville, NC, 28103 offers $3,000/mo rent that, after a $1,909/mo payment, leaves $623/mo cash flow. Total monthly income is $3,000/mo, and annual cash flow is $7,476/yr on $129,285 cash. Return on cash invested measures 25.69% in year one, and rental yield stands at 9.23% at a $390,000 entry. Equity gained on principal adds $2,517/yr while 5% annual appreciation compounds into $107,750 by year five. Five-year ROI records 133.72% and total cumulative return in cash reaches $172,880. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,000/mo property income versus a $1,909/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2008
0.98 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28103, Marshville, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,452 (100%) |
| Owner Occupied HU | 3,199 (71.9%) |
| Renter Occupied HU | 953 (21.4%) |
| Vacant Housing Units | 300 ( 6.7%) |
| Median Home Value | $334,148 |
| Average Home Value | $399,658 |
Housing Distribution
Address Breakdown
Residential
4,035
Single Family
4,035
Multi-Family
0
Businesses
275
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Listed by: Joshua Caruso • Howard Hanna Allen Tate Southland Homes + Realty LLC
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4330607