256 Gable Hill LnBosticNC28018
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Bostic at 256 Gable Hill Ln, Bostic, NC, 28018 earns $253/mo cash flow from $3,782/mo rent with a $2,834/mo payment. Total monthly income totals $3,782/mo, and annual cash flow totals $3,038/yr on $190,491 capital. ROI tracks 21.66% on current figures, and rental yield reads 7.84% at a $579,000 purchase. Equity gained on principal adds $3,736/yr, and 5% annual appreciation supports $159,967 over five years. Five-year ROI reaches 112.06% and total cumulative return in cash sums $213,463. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,782/mo property income instead of your personal income.
Single Family
Built in 1990
4.23 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28018, Bostic, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,714 (100%) |
| Owner Occupied HU | 1,791 (66.0%) |
| Renter Occupied HU | 432 (15.9%) |
| Vacant Housing Units | 491 (18.1%) |
| Median Home Value | $217,233 |
| Average Home Value | $303,945 |
Housing Distribution
Address Breakdown
Residential
2,374
Single Family
2,374
Multi-Family
0
Businesses
127
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Ronnie Porter • Porter's Real Estate
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4265117