254 Arlington StForest CityNC28043
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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 Forest City at 254 Arlington St, Forest City, NC, 28043 earns $860/mo cash flow from $2,200/mo rent with a $1,076/mo payment. Total monthly income totals $2,200/mo, and annual cash flow totals $10,321/yr on $72,897 capital. ROI tracks 34.07% on current figures, and rental yield reads 12.01% at a $219,900 purchase. Equity gained on principal adds $1,419/yr, and 5% annual appreciation supports $60,754 over five years. Five-year ROI reaches 178.71% and total cumulative return in cash sums $130,276. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,200/mo property income instead of your personal income.
Single Family
Built in 1942
0.31 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28043, Forest City, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,637 (100%) |
| Owner Occupied HU | 5,493 (57.0%) |
| Renter Occupied HU | 3,132 (32.5%) |
| Vacant Housing Units | 1,012 (10.5%) |
| Median Home Value | $202,580 |
| Average Home Value | $253,010 |
Housing Distribution
Address Breakdown
Residential
8,624
Single Family
8,478
Multi-Family
146
Businesses
951
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Listed by: Cindy Souza • EXP Realty LLC
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4308994