2530 Heritage CirSTATESVILLENC28625
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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 STATESVILLE at 2530 Heritage Cir, STATESVILLE, NC, 28625 offers a 8.1% rental yield on a $475,000 purchase with $3,208/mo rent. Total monthly income registers $3,208/mo, and a $2,325/mo payment leaves $313/mo available for distribution. Annual cash flow reaches $3,756/yr on $157,463 to close, and return on cash invested stands at 22.29% in year one. Equity gained on principal adds $3,065/yr while 5% annual appreciation supports $131,234 over five years. Portfolio math shows five-year ROI at 115.49% and total cumulative return in cash at $181,855. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,208/mo property income against a $2,325/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1979
1.18 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28625, Statesville, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,588 (100%) |
| Owner Occupied HU | 12,188 (69.3%) |
| Renter Occupied HU | 4,187 (23.8%) |
| Vacant Housing Units | 1,213 ( 6.9%) |
| Median Home Value | $314,741 |
| Average Home Value | $354,325 |
Housing Distribution
Address Breakdown
Residential
16,663
Single Family
15,291
Multi-Family
1,372
Businesses
907
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Listed by: Jon Madison • Madison & Company Realty
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4336463