80 Bostic StMarionNC28752
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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 Marion at 80 Bostic St, Marion, NC, 28752 priced at $299,000 pairs $2,178/mo rent with $356/mo cash flow after a $1,463/mo payment. Total monthly income equals $2,178/mo, and annual cash flow comes to $4,274/yr on $99,119 invested. Return on cash invested is 24.22% in year one, and rental yield stands at 8.74% on a $299,000 basis. Equity gained on principal adds $1,929/yr, and 5% annual appreciation accumulates to $82,608 by year five. Five-year ROI measures 125.87% and total cumulative return in cash reaches $124,762. For financing, Ziffy Mortgage’s DSCR program evaluates $2,178/mo property income against a $1,463/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1920
0.50 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: Carla Tompkins • EXP Realty LLC
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4294337