722 Hillcrest AveGastoniaNC28052
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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 Gastonia at 722 Hillcrest Ave, Gastonia, NC, 28052 earns $79/mo cash flow from $1,602/mo rent with a $1,223/mo payment. Total monthly income totals $1,602/mo, and annual cash flow totals $949/yr on $82,842 capital. ROI tracks 21.06% on current figures, and rental yield reads 7.69% at a $249,900 purchase. Equity gained on principal adds $1,613/yr, and 5% annual appreciation supports $69,043 over five years. Five-year ROI reaches 108.9% and total cumulative return in cash sums $90,218. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,602/mo property income instead of your personal income.
Single Family
Built in 1954
0.55 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28052, Gastonia, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,705 (100%) |
| Owner Occupied HU | 7,782 (49.6%) |
| Renter Occupied HU | 6,479 (41.3%) |
| Vacant Housing Units | 1,444 ( 9.2%) |
| Median Home Value | $219,340 |
| Average Home Value | $255,405 |
Housing Distribution
Address Breakdown
Residential
14,504
Single Family
13,848
Multi-Family
656
Businesses
1,075
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Listed by: Debbie Kiser • Premier South
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4330811