360 Whitaker RdShelbyNC28152
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 Shelby at 360 Whitaker Rd, Shelby, NC, 28152 earns from $2,713/mo rent with a $3,010/mo payment. Total monthly income totals $2,713/mo. ROI tracks 13.92% on current figures, and rental yield reads 5.29% at a $615,000 purchase. Equity gained on principal adds $3,969/yr, and 5% annual appreciation supports $169,913 over five years. Five-year ROI reaches 70.57% and total cumulative return in cash sums $142,781. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,713/mo property income instead of your personal income.
Single Family
Built in 1989
7.77 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28152, Shelby, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,103 (100%) |
| Owner Occupied HU | 6,672 (60.1%) |
| Renter Occupied HU | 3,696 (33.3%) |
| Vacant Housing Units | 735 ( 6.6%) |
| Median Home Value | $237,031 |
| Average Home Value | $257,087 |
Housing Distribution
Address Breakdown
Residential
10,647
Single Family
9,897
Multi-Family
750
Businesses
754
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Travis Repman • Coldwell Banker Mountain View
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4305325