3716 Hamilton DrGastoniaNC28052
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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
Rental property for sale in Gastonia at 3716 Hamilton Dr, Gastonia, NC, 28052 priced at $256,250 converts $1,765/mo rent into $203/mo cash flow after a $1,254/mo obligation. Total monthly income equals $1,765/mo, and annual cash flow totals $2,442/yr on $84,947 invested. Return on cash invested prints 22.78% in year one, and rental yield reads 8.27% against a $256,250 entry. Equity gained on principal adds $1,654/yr, while 5% annual appreciation compiles into $70,797 by year five. Five-year ROI reaches 118.16% and total cumulative return in cash sums $100,372. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,765/mo property income covering a $1,254/mo payment, not borrower’s personal income.
Manufactured
Built in 1981
1.03 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: Monica Russell • Showcase Realty LLC
Mls Name: Canopy MLS as distributed by MLS GRID
Mls Provider:
Mls ID: #4073363
Disclaimer: Based on information submitted to the MLS GRID as of 2025-10-28 22:37:55 PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. [Click here for more information](/mls-disclaimers/#87)