650 N Shore DrGastonNC27832
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity BuilderThe cash-flow margin at 650 N Shore Dr, Gaston, NC, 27832 in Gaston is narrow, $48/mo net on $2,059/mo rent after the $1,484/mo debt service, but the property operates at break-even-plus, not a loss. At $330,000 with a 7.49% yield, the long-run equity case via 5% appreciation ($91,173 over five years) and $3,039/yr in principal paydown is where the returns accumulate. Ziffy Mortgage's 1.39 DSCR loan requires no W-2s or U.S. credit. Total projected cumulative return: $128,067.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 7.5% | 6.2% |
| Monthly Cash Flow | $48 | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $2,059 |
| Total Monthly Debt Service | $1,880 |
| DSCR Ratio | 1.10x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1992
0.90 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27832, Gaston, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,362 (100%) |
| Owner Occupied HU | 773 (56.8%) |
| Renter Occupied HU | 324 (23.8%) |
| Vacant Housing Units | 265 (19.5%) |
| Median Home Value | $99,833 |
| Average Home Value | $178,561 |
Housing Distribution
Address Breakdown
Residential
935
Single Family
935
Multi-Family
0
Businesses
81
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
Single Family
Built in 1992
0.90 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27832, Gaston, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,362 (100%) |
| Owner Occupied HU | 773 (56.8%) |
| Renter Occupied HU | 324 (23.8%) |
| Vacant Housing Units | 265 (19.5%) |
| Median Home Value | $99,833 |
| Average Home Value | $178,561 |
Housing Distribution
Address Breakdown
Residential
935
Single Family
935
Multi-Family
0
Businesses
81
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Chris Newton • eXp Realty, LLC - C
Mls Name: Doorify MLS
Mls Provider:
Mls ID: #10115263
Disclaimer: The MLS listing information displayed is deemed reliable, but is not guaranteed accurate by the MLS. Copyright 2025 Doorify MLS of North Carolina. All rights reserved.