705 N Elm StMarshvilleNC28103
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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 705 N Elm St, Marshville, NC, 28103 generates $1,907/mo in rent and, after a $978/mo payment, leaves $689/mo in cash flow. Total monthly income is $1,907/mo, and annual cash flow is $8,269/yr on $66,267 invested. Return on cash invested sits at 32.39% in year one, and rental yield is 11.45% on a $199,900 entry. Equity gained on principal adds $1,290/yr, while 5% annual appreciation builds toward $55,229 over five years. Five-year ROI reaches 169.7% and total cumulative return in cash sums $112,453. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,907/mo property income rather than buyer’s personal income.
Single Family
Built in 1957
0.28 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: Terry Gaddy • Central Carolina Real Estate Group LLC
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4325685