83 Flint StCantonNC28716
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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 Canton at 83 Flint St, Canton, NC, 28716 generates $1,994/mo in rent and, after a $1,008/mo payment, leaves $739/mo in cash flow. Total monthly income is $1,994/mo, and annual cash flow is $8,866/yr on $68,289 invested. Return on cash invested sits at 32.89% in year one, and rental yield is 11.62% on a $206,000 entry. Equity gained on principal adds $1,329/yr, while 5% annual appreciation builds toward $56,914 over five years. Five-year ROI reaches 172.34% and total cumulative return in cash sums $117,692. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,994/mo property income rather than buyer’s personal income.
Single Family
Built in 1959
0.14 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28716, Canton, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,677 (100%) |
| Owner Occupied HU | 5,864 (67.6%) |
| Renter Occupied HU | 1,673 (19.3%) |
| Vacant Housing Units | 1,140 (13.1%) |
| Median Home Value | $249,573 |
| Average Home Value | $297,654 |
Housing Distribution
Address Breakdown
Residential
7,868
Single Family
7,802
Multi-Family
66
Businesses
437
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Listed by: Jordan Czeczuga • Heartwood Realty LLC
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4317061