2518 Woodbridge DrGastoniaNC28056
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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 Gastonia at 2518 Woodbridge Dr, Gastonia, NC, 28056 uses $69,416 cash to close to unlock $1,917/yr annual cash flow and $160/mo monthly cash flow. Total monthly income runs $1,436/mo, and a $1,025/mo payment keeps the spread at $160/mo. Purchase price stands at $209,400, and rental yield measures 8.23% with $1,436/mo rent. Return on cash invested shows 22.67% in year one, and 5% annual appreciation builds toward $57,853 over five years. Five-year ROI reaches 117.53% and total cumulative return in cash records $81,583. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,436/mo property income covering a $1,025/mo payment rather than investor’s personal income.
Single Family
Built in 1971
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28056, Gastonia, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,497 (100%) |
| Owner Occupied HU | 11,772 (76.0%) |
| Renter Occupied HU | 2,994 (19.3%) |
| Vacant Housing Units | 731 ( 4.7%) |
| Median Home Value | $354,424 |
| Average Home Value | $398,898 |
Housing Distribution
Address Breakdown
Residential
14,585
Single Family
14,276
Multi-Family
309
Businesses
665
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Listed by: NOT APPLICABLE • N/A
Mls Name: Hubzu
Mls ID: #91716975043AUCN1