504 S York StGastoniaNC28052
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 Gastonia at 504 S York St, Gastonia, NC, 28052 with 5% annual appreciation on a $475,900 basis while $3,715/mo rent supports operations. Total monthly income totals $3,715/mo and a $2,329/mo payment preserves $815/mo for cash returns. Annual cash flow comes to $9,779/yr on $157,761 deployed, and return on cash invested reaches 26.11% in year one. Equity gained on principal adds $3,071/yr, and five-year appreciation sums $131,482 alongside rental yield of 9.37%. Five-year ROI measures 135.95% and total cumulative return in cash totals $214,477.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,715/mo property income versus a $2,329/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1926
0.45 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jill Moss • ALBRICK
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4313716