713 Cordova CtSalisburyNC28146
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
Investment Highlights
Investment property for sale in Salisbury at 713 Cordova Ct, Salisbury, NC, 28146 at $334,900 posts ROI 21.9% with $184/mo cash flow from $2,225/mo rent. Total monthly income equals $2,225/mo, and annual cash flow records $2,209/yr on $111,019 to close. Return on cash invested measures 21.9% and rental yield reads 7.97% at the current $334,900. Equity gained on principal adds $2,161/yr, and 5% annual appreciation supports $92,527 by year five. Five-year ROI prints 113.42% and total cumulative return in cash totals $125,917.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,225/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2013
0.12 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28146, Salisbury, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,710 (100%) |
| Owner Occupied HU | 10,285 (69.9%) |
| Renter Occupied HU | 3,181 (21.6%) |
| Vacant Housing Units | 1,244 ( 8.5%) |
| Median Home Value | $293,102 |
| Average Home Value | $349,013 |
Housing Distribution
Address Breakdown
Residential
13,452
Single Family
13,159
Multi-Family
293
Businesses
389
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Nearby investment properties with comparable prices
Listed by: Monica Poole • Monica Poole Realty LLC
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4331748