7022 White Store RdMarshvilleNC28103
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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 Marshville at 7022 White Store Rd, Marshville, NC, 28103 generates $1,626/mo in rent, after a $1,517/mo payment. Total monthly income is $1,626/mo. Return on cash invested sits at 16.84% in year one, and rental yield is 6.3% on a $309,900 entry. Equity gained on principal adds $2,000/yr, while 5% annual appreciation builds toward $85,620 over five years. Five-year ROI reaches 86.3% and total cumulative return in cash sums $88,656. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,626/mo property income rather than buyer’s personal income.
Single Family
Built in 1960
2.29 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28103, Marshville, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,452 (100%) |
| Owner Occupied HU | 3,199 (71.9%) |
| Renter Occupied HU | 953 (21.4%) |
| Vacant Housing Units | 300 ( 6.7%) |
| Median Home Value | $334,148 |
| Average Home Value | $399,658 |
Housing Distribution
Address Breakdown
Residential
4,035
Single Family
4,035
Multi-Family
0
Businesses
275
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Listed by: Amy Dupree-Stroupe • RE/MAX Executive
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4297742