809 Howard StShelbyNC28152
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
Investment property for sale in Shelby at 809 Howard St, Shelby, NC, 28152 at $249,990 posts ROI 23.12% with $222/mo cash flow from $1,746/mo rent. Total monthly income equals $1,746/mo, and annual cash flow records $2,664/yr on $82,872 to close. Return on cash invested measures 23.12% and rental yield reads 8.38% at the current $249,990. Equity gained on principal adds $1,613/yr, and 5% annual appreciation supports $69,068 by year five. Five-year ROI prints 120.02% and total cumulative return in cash totals $99,463.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,746/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1951
0.45 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28152, Shelby, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,103 (100%) |
| Owner Occupied HU | 6,672 (60.1%) |
| Renter Occupied HU | 3,696 (33.3%) |
| Vacant Housing Units | 735 ( 6.6%) |
| Median Home Value | $237,031 |
| Average Home Value | $257,087 |
Housing Distribution
Address Breakdown
Residential
10,647
Single Family
9,897
Multi-Family
750
Businesses
754
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Listed by: Juan Rivera • Rivera
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4333326