4394 Mountain Creek RdIron StationNC28080
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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 Iron Station at 4394 Mountain Creek Rd, Iron Station, NC, 28080 listed at $699,000 pairs $3,898/mo rent with a $3,421/mo payment. Total monthly income runs $3,898/mo. Return on cash invested measures 18.17% in year one, and rental yield registers 6.69% at a $699,000 basis. Equity gained on principal adds $4,511/yr, and annual property appreciation at 5% supports $193,121 by year five. Five-year ROI tracks 93.38% and total cumulative return in cash totals $214,754. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,898/mo property income relative to a $3,421/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2007
2.69 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28080, Iron Station, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,788 (100%) |
| Owner Occupied HU | 3,097 (81.8%) |
| Renter Occupied HU | 444 (11.7%) |
| Vacant Housing Units | 247 ( 6.5%) |
| Median Home Value | $304,094 |
| Average Home Value | $347,301 |
Housing Distribution
Address Breakdown
Residential
3,594
Single Family
3,594
Multi-Family
0
Businesses
95
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Listed by: Jim Bramhall • EXP Realty LLC Mooresville
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4289096