7662 Woolsey DrGastoniaNC28056
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
Rental property for sale in Gastonia at 7662 Woolsey Dr, Gastonia, NC, 28056 priced at $448,415 converts $2,633/mo rent into after a $2,195/mo obligation. Total monthly income equals $2,633/mo. Return on cash invested prints 18.51% in year one, and rental yield reads 7.05% against a $448,415 entry. Equity gained on principal adds $2,894/yr, while 5% annual appreciation compiles into $123,889 by year five. Five-year ROI reaches 95.43% and total cumulative return in cash sums $141,852. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,633/mo property income covering a $2,195/mo payment, not borrower’s personal income.
Single Family
Built in 2025
0.18 Acres lot
$N/A/sqft
$882 annually 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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Nearby investment properties with comparable prices
Listed by: Tim Glisan • DR Horton Inc
Mls Name: Canopy MLS as distributed by MLS GRID
Mls Provider:
Mls ID: #4132344
Disclaimer: Based on information submitted to the MLS GRID as of 2024-01-24 10:55:15 PST. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. [Click here for more information](/info/mls-disclaimers/#mls_87)