475 Romana DrSalisburyNC28146
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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 Salisbury at 475 Romana Dr, Salisbury, NC, 28146 earns from $1,544/mo rent with a $1,517/mo payment. Total monthly income totals $1,544/mo. ROI tracks 15.88% on current figures, and rental yield reads 5.98% at a $309,900 purchase. Equity gained on principal adds $2,000/yr, and 5% annual appreciation supports $85,620 over five years. Five-year ROI reaches 81.16% and total cumulative return in cash sums $83,376. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,544/mo property income instead of your personal income.
Single Family
Built in 1986
9.90 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28146, Salisbury, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,710 (100%) |
| Owner Occupied HU | 10,285 (69.9%) |
| Renter Occupied HU | 3,181 (21.6%) |
| Vacant Housing Units | 1,244 ( 8.5%) |
| Median Home Value | $293,102 |
| Average Home Value | $349,013 |
Housing Distribution
Address Breakdown
Residential
13,452
Single Family
13,159
Multi-Family
293
Businesses
389
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Listed by: Cathy Griffin • Century 21 Towne and Country
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4302725