8612 State Highway 742 NPolktonNC28135
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 Polkton at 8612 State Highway 742 N, Polkton, NC, 28135 listed at $725,000 pairs $1,620/mo rent with a $3,549/mo payment. Total monthly income runs $1,620/mo. Return on cash invested measures 5.98% in year one, and rental yield registers 2.68% at a $725,000 basis. Equity gained on principal adds $4,678/yr, and annual property appreciation at 5% supports $200,304 by year five. Five-year ROI tracks 27.97% and total cumulative return in cash totals $66,725. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,620/mo property income relative to a $3,549/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2023
12.65 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28135, Polkton, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,510 (100%) |
| Owner Occupied HU | 964 (63.8%) |
| Renter Occupied HU | 363 (24.0%) |
| Vacant Housing Units | 183 (12.1%) |
| Median Home Value | $209,748 |
| Average Home Value | $252,570 |
Housing Distribution
Address Breakdown
Residential
1,426
Single Family
1,394
Multi-Family
32
Businesses
90
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Listed by: Kelli Holt • Real Broker, LLC
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4288353