300 Fulton StKings MountainNC28086
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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
Rental property for sale in Kings Mountain at 300 Fulton St, Kings Mountain, NC, 28086 priced at $225,000 pairs $2,134/mo rent with $763/mo cash flow after a $1,101/mo payment. Total monthly income equals $2,134/mo, and annual cash flow comes to $9,156/yr on $74,588 invested. Return on cash invested is 32.18% in year one, and rental yield stands at 11.38% on a $225,000 basis. Equity gained on principal adds $1,452/yr, and 5% annual appreciation accumulates to $62,163 by year five. Five-year ROI measures 168.54% and total cumulative return in cash reaches $125,709. For financing, Ziffy Mortgage’s DSCR program evaluates $2,134/mo property income against a $1,101/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1968
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28086, Kings Mountain, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,294 (100%) |
| Owner Occupied HU | 8,074 (65.7%) |
| Renter Occupied HU | 3,422 (27.8%) |
| Vacant Housing Units | 798 ( 6.5%) |
| Median Home Value | $264,200 |
| Average Home Value | $302,621 |
Housing Distribution
Address Breakdown
Residential
11,628
Single Family
11,521
Multi-Family
107
Businesses
799
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Listed by: Jimmy Poole • Oak and Willow Realty LLC
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4301102