339 Highland DrMarionNC28752
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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 Marion at 339 Highland Dr, Marion, NC, 28752 offers a 8.04% rental yield on a $249,000 purchase with $1,668/mo rent. Total monthly income registers $1,668/mo, and a $1,219/mo payment leaves $150/mo available for distribution. Annual cash flow reaches $1,802/yr on $82,544 to close, and return on cash invested stands at 22.09% in year one. Equity gained on principal adds $1,607/yr while 5% annual appreciation supports $68,794 over five years. Portfolio math shows five-year ROI at 114.47% and total cumulative return in cash at $94,484. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,668/mo property income against a $1,219/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1949
1.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28752, Marion, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,281 (100%) |
| Owner Occupied HU | 8,731 (61.1%) |
| Renter Occupied HU | 3,542 (24.8%) |
| Vacant Housing Units | 2,008 (14.1%) |
| Median Home Value | $224,806 |
| Average Home Value | $296,949 |
Housing Distribution
Address Breakdown
Residential
12,672
Single Family
12,566
Multi-Family
106
Businesses
1,046
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Listed by: Tami Newman • ERA Live Moore
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4278072