Watkins Plan, The Crossing at Cramerton MillsGastoniaNC28056
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 Gastonia at Watkins Plan, The Crossing at Cramerton Mills, Gastonia, NC, 28056 uses $87,814 cash to close to unlock $8,293/yr annual cash flow and $691/mo monthly cash flow. Total monthly income runs $2,306/mo, and a $1,297/mo payment keeps the spread at $691/mo. Purchase price stands at $264,900, and rental yield measures 10.45% with $2,306/mo rent. Return on cash invested shows 29.35% in year one, and 5% annual appreciation builds toward $73,187 over five years. Five-year ROI reaches 153.41% and total cumulative return in cash records $134,720. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,306/mo property income covering a $1,297/mo payment rather than investor’s personal income.
Townhouse
Built in 2025
N/A lot
$N/A/sqft
No 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • Brookline Homes
Mls Name: Brookline Homes
Mls Provider:
Mls ID: #N/A