537 Maske RdMount GileadNC27306
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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 Mount Gilead at 537 Maske Rd, Mount Gilead, NC, 27306 uses $74,422 cash to close to unlock $6,391/yr annual cash flow and $533/mo monthly cash flow. Total monthly income runs $1,901/mo, and a $1,099/mo payment keeps the spread at $533/mo. Purchase price stands at $224,500, and rental yield measures 10.16% with $1,901/mo rent. Return on cash invested shows 28.5% in year one, and 5% annual appreciation builds toward $62,025 over five years. Five-year ROI reaches 148.79% and total cumulative return in cash records $110,732. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,901/mo property income covering a $1,099/mo payment rather than investor’s personal income.
Single Family
Built in 1940
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27306, Mount Gilead, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,183 (100%) |
| Owner Occupied HU | 1,860 (44.5%) |
| Renter Occupied HU | 532 (12.7%) |
| Vacant Housing Units | 1,791 (42.8%) |
| Median Home Value | $218,675 |
| Average Home Value | $354,570 |
Housing Distribution
Address Breakdown
Residential
2,837
Single Family
2,837
Multi-Family
0
Businesses
143
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Listed by: Leslie Zimmerman • Lantern Realty & Development
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4320638