310 Campbell CirKings MountainNC28086
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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 Kings Mountain at 310 Campbell Cir, Kings Mountain, NC, 28086 priced at $239,900 converts $1,608/mo rent into $146/mo cash flow after a $1,174/mo obligation. Total monthly income equals $1,608/mo, and annual cash flow totals $1,753/yr on $79,527 invested. Return on cash invested prints 22.11% in year one, and rental yield reads 8.04% against a $239,900 entry. Equity gained on principal adds $1,548/yr, while 5% annual appreciation compiles into $66,280 by year five. Five-year ROI reaches 114.6% and total cumulative return in cash sums $91,135. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,608/mo property income covering a $1,174/mo payment, not borrower’s personal income.
Single Family
Built in 1981
0.25 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: Carla Howell • Coldwell Banker Carver-Pressley, Realtors
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4302282