3BR Home in Gastonia , NC

About This Property

🚨 DEAL – Gastonia, NC 🚨 🏡 Gastonia, NC 28052 3 Bed | 2 Bath | 1,747 sqft 0.31 Acre Lot | LTR Play Dropbox link https://www.dropbox.com/scl/fo/njum54qc9zy4nurjcp3ks/AK1CrTscCI7PdgWFO2-2Sgc?rlkey=mymsaozmzyfiz8uanh4pwnkrr&st=x4ule4qk&dl=0 ⸻ 💰 TERMS (LOCKED & CLEAN) • Loan Type: (Existing Mortgage) • Interest Rate: 6.625% FIXED • Monthly Contact for details • Maturity: January 2066 (LONG runway) • Silent 2nd (Partial Claim): ~Contact for details ➡️ Due at payoff / refi / maturity (NOT monthly) ✅ Loan modification APPROVED ✅ NO trial payments ✅ Arrears deferred to end of loan ✅ Nothing owed to seller for arrears ⸻ 💵 down payment • Down Payment: Contact for details • Buyer Cash-In: ~$25K + closing costs ⸻ 📈 NUMBERS THAT MATTER • Market Rent: ~Contact for details/mo • ≈ $565/mo • Annual ≈ Contact for details/yr • Cash-on-Cash Return: ~27% 🔥 ⸻ 🧮 VALUE & EQUITY • ~$310,000 • All-In: ~$351,000 • Built-In Equity: ~Contact for details • ~19–20% Discount to ⸻ 📊 COMPS SUPPORT VALUE Multiple sold comps within 0.5 miles, including: • Same-street sales • Similar sqft comps • Larger homes sold up to ~$305K range supported: $300K–$315K ⸻ 🌳 LOCATION PERKS • Oakley Park pocket of Gastonia • Near Rankin Lake Park & greenways • Close to shopping, dining & retail • Easy I-85 access → 25–30 min to Charlotte • Strong rental demand + Charlotte spillover ⸻ 🔑 WHY THIS DEAL WORKS • Only ~$25K to enter • Fixed payment under market rent • Long maturity = stability • Strong monthly • Silent lien does NOT affect payment • Solid equity day one • Ideal LTR / BRRR-style hold ⸻ 📲 DM “REDWOOD” for full details Serious buyers only. First solid buyer takes it.

Features & Highlights