7 Post Oak PlSalisburyNC28147
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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
Rental property for sale in Salisbury at 7 Post Oak Pl, Salisbury, NC, 28147 offers $1,937/mo rent that, after a $979/mo payment, leaves $718/mo cash flow. Total monthly income is $1,937/mo, and annual cash flow is $8,616/yr on $66,300 cash. Return on cash invested measures 32.9% in year one, and rental yield stands at 11.62% at a $200,000 entry. Equity gained on principal adds $1,291/yr while 5% annual appreciation compounds into $55,256 by year five. Five-year ROI records 172.41% and total cumulative return in cash reaches $114,308. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,937/mo property income versus a $979/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1974
0.63 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28147, Salisbury, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,649 (100%) |
| Owner Occupied HU | 6,894 (59.2%) |
| Renter Occupied HU | 3,774 (32.4%) |
| Vacant Housing Units | 981 ( 8.4%) |
| Median Home Value | $269,779 |
| Average Home Value | $295,947 |
Housing Distribution
Address Breakdown
Residential
10,954
Single Family
9,801
Multi-Family
1,153
Businesses
650
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Listed by: Kajal Patel • Open Doors Realty LLC
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4335565