527 Saunders Rd LOT 17GertonNC28735
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 Gerton at 527 Saunders Rd LOT 17, Gerton, NC, 28735 offers a 8.72% rental yield on a $279,800 purchase with $2,034/mo rent. Total monthly income registers $2,034/mo, and a $1,369/mo payment leaves $300/mo available for distribution. Annual cash flow reaches $3,601/yr on $92,754 to close, and return on cash invested stands at 23.79% in year one. Equity gained on principal adds $1,806/yr while 5% annual appreciation supports $77,304 over five years. Portfolio math shows five-year ROI at 123.71% and total cumulative return in cash at $114,750. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,034/mo property income against a $1,369/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2023
0.37 Acres lot
$N/A/sqft
$350 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28735, Gerton, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 279 (100%) |
| Owner Occupied HU | 136 (48.7%) |
| Renter Occupied HU | 19 ( 6.8%) |
| Vacant Housing Units | 124 (44.4%) |
| Median Home Value | $412,500 |
| Average Home Value | $505,570 |
Housing Distribution
Address Breakdown
Residential
115
Single Family
115
Multi-Family
0
Businesses
12
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Listed by: Joanna Radford (MLS Only) • Poss Realty (Mls Only)
Mls Name: Carolina Smokies MLS
Mls ID: #26041033
Disclaimer: Copyright Carolina Smokies Association of Realtors & MLS. All rights reserved. Information is deemed reliable but not guaranteed.