7554 Nolen Farm DrGastoniaNC28056
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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 Gastonia at 7554 Nolen Farm Dr, Gastonia, NC, 28056 generates $3,119/mo in rent and, after a $2,056/mo payment, leaves $559/mo in cash flow. Total monthly income is $3,119/mo, and annual cash flow is $6,708/yr on $139,230 invested. Return on cash invested sits at 24.73% in year one, and rental yield is 8.91% on a $420,000 entry. Equity gained on principal adds $2,710/yr, while 5% annual appreciation builds toward $116,038 over five years. Five-year ROI reaches 128.54% and total cumulative return in cash sums $178,963. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,119/mo property income rather than buyer’s personal income.
Single Family
Built in 2025
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28056, Gastonia, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,497 (100%) |
| Owner Occupied HU | 11,772 (76.0%) |
| Renter Occupied HU | 2,994 (19.3%) |
| Vacant Housing Units | 731 ( 4.7%) |
| Median Home Value | $354,424 |
| Average Home Value | $398,898 |
Housing Distribution
Address Breakdown
Residential
14,585
Single Family
14,276
Multi-Family
309
Businesses
665
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Listed by: Maria Wilhelm • DR Horton Inc
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4315121