462 Ashland DrGoldstonNC27252
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
Rental property for sale in Goldston at 462 Ashland Dr, Goldston, NC, 27252 priced at $159,900 pairs $1,564/mo rent with $511/mo cash flow after a $783/mo payment. Total monthly income equals $1,564/mo, and annual cash flow comes to $6,134/yr on $53,007 invested. Return on cash invested is 31.48% in year one, and rental yield stands at 11.74% on a $159,900 basis. Equity gained on principal adds $1,032/yr, and 5% annual appreciation accumulates to $44,177 by year five. Five-year ROI measures 165.5% and total cumulative return in cash reaches $87,726. For financing, Ziffy Mortgage’s DSCR program evaluates $1,564/mo property income against a $783/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1890
0.37 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27252, Goldston, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 920 (100%) |
| Owner Occupied HU | 651 (70.8%) |
| Renter Occupied HU | 142 (15.4%) |
| Vacant Housing Units | 127 (13.8%) |
| Median Home Value | $175,833 |
| Average Home Value | $211,571 |
Housing Distribution
Address Breakdown
Residential
622
Single Family
622
Multi-Family
0
Businesses
64
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Katy McReynolds • Chatham Homes Realty
Mls Name: Doorify MLS
Mls Provider:
Mls ID: #10106399
Disclaimer: The MLS listing information displayed is deemed reliable, but is not guaranteed accurate by the MLS. Copyright 2025 Doorify MLS of North Carolina. All rights reserved.