255 Saint Stephens Church RdGold HillNC28071
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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 Gold Hill at 255 Saint Stephens Church Rd, Gold Hill, NC, 28071 priced at $550,000 pairs $2,016/mo rent with after a $2,692/mo payment. Total monthly income equals $2,016/mo. Return on cash invested is 11.2% in year one, and rental yield stands at 4.4% on a $550,000 basis. Equity gained on principal adds $3,549/yr, and 5% annual appreciation accumulates to $151,955 by year five. Five-year ROI measures 55.98% and total cumulative return in cash reaches $101,290. For financing, Ziffy Mortgage’s DSCR program evaluates $2,016/mo property income against a $2,692/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1951
14.30 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
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Listed by: Kate Shields • EXP Realty LLC Ballantyne
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4318668