3290 Gerton HwyGertonNC28735
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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 Gerton at 3290 Gerton Hwy, Gerton, NC, 28735 earns $4/mo cash flow from $2,137/mo rent with a $1,713/mo payment. Total monthly income totals $2,137/mo, and annual cash flow totals $48/yr on $116,025 capital. ROI tracks 19.95% on current figures, and rental yield reads 7.33% at a $350,000 purchase. Equity gained on principal adds $2,258/yr, and 5% annual appreciation supports $96,699 over five years. Five-year ROI reaches 102.92% and total cumulative return in cash sums $119,414. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,137/mo property income instead of your personal income.
Single Family
Built in 1968
0.81 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28735, Gerton, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 279 (100%) |
| Owner Occupied HU | 136 (48.7%) |
| Renter Occupied HU | 19 ( 6.8%) |
| Vacant Housing Units | 124 (44.4%) |
| Median Home Value | $412,500 |
| Average Home Value | $505,570 |
Housing Distribution
Address Breakdown
Residential
115
Single Family
115
Multi-Family
0
Businesses
12
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Listed by: Buck Schall • Dwell Realty Group
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4304167