318 S Liberty StGastoniaNC28052
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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 Gastonia at 318 S Liberty St, Gastonia, NC, 28052 uses $62,952 cash to close to unlock $1,321/yr annual cash flow and $110/mo monthly cash flow. Total monthly income runs $1,267/mo, and a $929/mo payment keeps the spread at $110/mo. Purchase price stands at $189,900, and rental yield measures 8.01% with $1,267/mo rent. Return on cash invested shows 22.01% in year one, and 5% annual appreciation builds toward $52,466 over five years. Five-year ROI reaches 114.04% and total cumulative return in cash records $71,789. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,267/mo property income covering a $929/mo payment rather than investor’s personal income.
Single Family
Built in 1904
0.12 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28052, Gastonia, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,705 (100%) |
| Owner Occupied HU | 7,782 (49.6%) |
| Renter Occupied HU | 6,479 (41.3%) |
| Vacant Housing Units | 1,444 ( 9.2%) |
| Median Home Value | $219,340 |
| Average Home Value | $255,405 |
Housing Distribution
Address Breakdown
Residential
14,504
Single Family
13,848
Multi-Family
656
Businesses
1,075
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Listed by: Nikki Calden • Howard Hanna Allen Tate Davidson
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4310640