5826 Boxer DrIron StationNC28080
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 Iron Station at 5826 Boxer Dr, Iron Station, NC, 28080 at $279,900 posts ROI 23.36% with $267/mo cash flow from $1,973/mo rent. Total monthly income equals $1,973/mo, and annual cash flow records $3,205/yr on $92,787 to close. Return on cash invested measures 23.36% and rental yield reads 8.46% at the current $279,900. Equity gained on principal adds $1,806/yr, and 5% annual appreciation supports $77,331 by year five. Five-year ROI prints 121.3% and total cumulative return in cash totals $112,549.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,973/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Manufactured
Built in 2017
0.79 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28080, Iron Station, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,788 (100%) |
| Owner Occupied HU | 3,097 (81.8%) |
| Renter Occupied HU | 444 (11.7%) |
| Vacant Housing Units | 247 ( 6.5%) |
| Median Home Value | $304,094 |
| Average Home Value | $347,301 |
Housing Distribution
Address Breakdown
Residential
3,594
Single Family
3,594
Multi-Family
0
Businesses
95
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Nearby investment properties with comparable prices
Listed by: Michele Weaver • EXP Realty LLC Mooresville
Mls Name: Canopy MLS as distributed by MLS GRID
Mls Provider:
Mls ID: #4214978
Disclaimer: Based on information submitted to the MLS GRID as of 2025-02-21 06:39:02 PST. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. [Click here for more information](/info/mls-disclaimers/#mls_87)