6264 Us Highway 221 SMarionNC28752
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 Marion at 6264 Us Highway 221 S, Marion, NC, 28752 offers a 6.57% rental yield on a $429,500 purchase with $2,351/mo rent. 66% in year one. Equity gained on principal adds $2,772/yr while 5% annual appreciation supports $118,663 over five years. Portfolio math shows five-year ROI at 90.68% and total cumulative return in cash at $129,110. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,351/mo property income against a $2,102/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1958
1.73 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28752, Marion, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,281 (100%) |
| Owner Occupied HU | 8,731 (61.1%) |
| Renter Occupied HU | 3,542 (24.8%) |
| Vacant Housing Units | 2,008 (14.1%) |
| Median Home Value | $224,806 |
| Average Home Value | $296,949 |
Housing Distribution
Address Breakdown
Residential
12,672
Single Family
12,566
Multi-Family
106
Businesses
1,046
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Kenneth Morrison • Horizon Realty Associates LLC
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4336004