58 Watson RdMarbleNC28905
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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 Marble at 58 Watson Rd, Marble, NC, 28905 listed at $229,000 pairs $1,440/mo rent with a $1,121/mo payment to leave $44/mo cash flow. Total monthly income runs $1,440/mo, and annual cash flow reaches $530/yr on $75,914 cash to close. Return on cash invested measures 20.61% in year one, and rental yield registers 7.55% at a $229,000 basis. Equity gained on principal adds $1,478/yr, and annual property appreciation at 5% supports $63,268 by year five. Five-year ROI tracks 106.52% and total cumulative return in cash totals $80,861. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,440/mo property income relative to a $1,121/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1957
1.12 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28905, Marble, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,832 (100%) |
| Owner Occupied HU | 1,181 (64.5%) |
| Renter Occupied HU | 320 (17.5%) |
| Vacant Housing Units | 331 (18.1%) |
| Median Home Value | $258,529 |
| Average Home Value | $355,485 |
Housing Distribution
Address Breakdown
Residential
1,351
Single Family
1,351
Multi-Family
0
Businesses
81
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Listed by: Falcon Morris • REMAX Town & Country - Murphy
Mls Name: NGBOR
Mls ID: #414249