3536 Shaffner RdJonesvilleNC28642
Nearby investment properties with comparable rents
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
Investment property for sale in Jonesville at 3536 Shaffner Rd, Jonesville, NC, 28642 offers a 6.28% rental yield on a $195,000 purchase with $1,020/mo rent. 79% in year one. Equity gained on principal adds $1,258/yr while 5% annual appreciation supports $53,875 over five years. Portfolio math shows five-year ROI at 85.98% and total cumulative return in cash at $55,582. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,020/mo property income against a $954/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1953
0.72 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28642, Jonesville, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,510 (100%) |
| Owner Occupied HU | 1,598 (63.7%) |
| Renter Occupied HU | 680 (27.1%) |
| Vacant Housing Units | 232 ( 9.2%) |
| Median Home Value | $153,205 |
| Average Home Value | $187,322 |
Housing Distribution
Address Breakdown
Residential
2,383
Single Family
2,375
Multi-Family
8
Businesses
208
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Angela Rose • NorthGroup Real Estate
Mls Name: Triad MLS
Mls ID: #1199184