70 Alabama AveMarionNC28752
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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 Marion at 70 Alabama Ave, Marion, NC, 28752 priced at $259,900 converts $1,735/mo rent into $151/mo cash flow after a $1,272/mo obligation. Total monthly income equals $1,735/mo, and annual cash flow totals $1,813/yr on $86,157 invested. Return on cash invested prints 22.01% in year one, and rental yield reads 8.01% against a $259,900 entry. Equity gained on principal adds $1,677/yr, while 5% annual appreciation compiles into $71,806 by year five. Five-year ROI reaches 114.07% and total cumulative return in cash sums $98,278. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,735/mo property income covering a $1,272/mo payment, not borrower’s personal income.
Single Family
Built in 2025
0.20 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
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Listed by: Scott Angelo • EXP Realty LLC
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4295864