7 Home SFR Investment Portfolio Gastonia, North Carolina

Highlights:

• 7 Home Investment Portfolio
• Asset mix is 3-two, 1-three, and 3-four-bedroom homes
• The average home size is 1,478
• The average year built is 1942
• 100% occupied with vetted tenants
• Property management available
• Little to no capital expense
• Average home price of $307,143
• Average current monthly rent of 1,478
• Stabilized year 1 net cap rate of 4.58%
• Stabilized year 1 annual gross yield of 6.88%
• Stabilized year 1 NOI of $98,529
• All SVN® Offices Are Independently Owned & Operated
• Local Broker License Information: www.SFRhub.com/realestatelicensing

Description:

Contact:
TOM JOHNSTON
Managing Director | Designated Broker
SVN | SFRhub Marketplace
T: 602.441.5354
C: 602.403.3695
tom.johnston@svn.com
License #: BR507919000


BOR:
Mark Mayfield
SVN | Southern Commercial
Real Estate, LLC
Managing Director | BIC

Visit www.SFRhub.com and search for portfolio 101651 for more information.

SVN | SFRhub Marketplace is pleased to present a portfolio of 7 scattered single-family homes in Gastonia, North Carolina. The mix consists of three 2-bedroom, one 3-bedroom and three 4-bedroom homes. Currently, 100% of the portfolio is leased to vetted tenants. These homes were built between 1904 and 2023, with an average construction year of 1942, and range from 859 to 2,495 square feet, averaging 1,478 square feet. The current average rent is $1,703 per month, just below the market rate of $1,709. Priced at an average of $307,143 per home, this offering is just below Gastonia’s median home price of $314,300. Capital improvements have been made, including new roofs, renovated HVAC systems, total bath and kitchen updates, new flooring and appliances, upgraded electrical and plumbing, fresh paint, and landscaping. The portfolio’s gross yield is 6.65% on current rents, growing to 6.88% when stabilized, with a net cap rate of 4.76%. The seller prefers a sale to a single investor but is open to selling one at a time. Home occupancy is 100%, and single-family rentals remain an attractive investment due to a $1,000 monthly cost difference between renting and owning.

Single-family rental properties in Gastonia offer excellent return on investment (ROI) potential. Rental yields tend to be higher compared to the national average due to the city’s combination of lower property costs and steady rental income. Gastonia is especially attractive to investors looking to generate passive income, as the consistent demand for rental properties makes it easier to maintain full occupancy.

In conclusion, Gastonia, NC, provides a strategic mix of economic growth, affordability, and rental demand that makes it an appealing location for investing in single-family rental properties. As the city continues to grow and develop, investors have a unique opportunity to capitalize on rising property values and rental income in this promising market.


Gastonia is part of the Charlotte metropolitan area, one of the fastest-growing regions in the Southeast United States. With its proximity to Charlotte, just about 30 minutes away, Gastonia benefits from the spillover of Charlotte’s booming job market, particularly in finance, healthcare, and logistics. The Charlotte area is a major banking hub with numerous Fortune 500 companies, and Gastonia’s lower cost of living and attractive community environment make it a popular choice for professionals who prefer not to live in the city. This economic growth translates to a steady demand for rental properties as people flock to the area in search of jobs and affordable housing.
Compared to other parts of North Carolina and the U.S. in general, Gastonia offers relatively affordable real estate prices. Single-family homes in Gastonia tend to be more budget-friendly than similar properties in nearby Charlotte. This affordability appeals to both investors and renters alike. Investors can purchase homes at lower entry costs than in larger cities while still benefiting from rising rental prices, which helps achieve a strong cash flow. For investors looking to buy and hold properties, the appreciation potential in Gastonia remains promising as demand for housing continues to rise.

As housing prices increase, many potential homebuyers are opting to rent rather than buy. Gastonia, with its family-friendly atmosphere and good quality of life, attracts long-term renters. The demand is particularly high for single-family homes, as families often prefer more space and privacy than apartments can offer. This steady demand for rental housing contributes to lower vacancy rates and consistent rental income, making single-family rentals a smart investment in Gastonia.

Gastonia’s population growth is impressive, driven by both local job creation and migration from other states. To support this growth, the city has invested in infrastructure, including transportation and community amenities. New schools, parks, shopping centers, and improvements in public transit are making Gastonia a more appealing place to live. This development helps sustain and grow property values, providing long-term value to investors who buy early in emerging neighborhoods.

Single-family rental properties in Gastonia offer excellent return on investment (ROI) potential. Rental yields tend to be higher compared to the national average due to the city’s combination of lower property costs and steady rental income. Gastonia is especially attractive to investors looking to generate passive income, as the consistent demand for rental properties makes it easier to maintain full occupancy.

In conclusion, Gastonia, NC, provides a strategic mix of economic growth, affordability, and rental demand that makes it an appealing location for investing in single-family rental properties. As the city continues to grow and develop, investors have a unique opportunity to capitalize on rising property values and rental income in this promising market.