76 Ed Sneed DrMarionNC28752
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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
Investment property for sale in Marion at 76 Ed Sneed Dr, Marion, NC, 28752 uses $90,168 cash to close to unlock $10,699/yr annual cash flow and $892/mo monthly cash flow. Total monthly income runs $2,549/mo, and a $1,331/mo payment keeps the spread at $892/mo. Purchase price stands at $272,000, and rental yield measures 11.25% with $2,549/mo rent. Return on cash invested shows 31.77% in year one, and 5% annual appreciation builds toward $75,149 over five years. Five-year ROI reaches 166.36% and total cumulative return in cash records $150,005. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,549/mo property income covering a $1,331/mo payment rather than investor’s personal income.
Single Family
Built in 1947
1.55 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28752, Marion, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,281 (100%) |
| Owner Occupied HU | 8,731 (61.1%) |
| Renter Occupied HU | 3,542 (24.8%) |
| Vacant Housing Units | 2,008 (14.1%) |
| Median Home Value | $224,806 |
| Average Home Value | $296,949 |
Housing Distribution
Address Breakdown
Residential
12,672
Single Family
12,566
Multi-Family
106
Businesses
1,046
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Listed by: Mathew Brown • Keller Williams - Black Mtn.
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4334495