For Sale $535,000
Nine-home mobile home community in growing Maiden, NC: a well-maintained income property with real upside. Seven homes are occupied by long-term tenants, so you get steady cash flow from day one. Homes #1 and #3 are vacant and down to the studs, ready for your finishes and the chance to bring the park to full occupancy. Market rents in the area reach up to $1,200/month per home. At a conservative $950 average rent across all nine homes, the pro forma shows $102,600 in gross annual income, a 19.2% gross yield on the $535,000 list price, and a projected cap rate of about 12.5% assuming 35% operating expenses. (Projections don’t include the cost to finish #1 and #3.) Location is what keeps the rental demand strong. Maiden is home to major employers like GKN Driveline, McCreary Modern and Apple’s data center, with steady industrial growth across Catawba and Lincoln counties. Tenants can reach Hickory in about 20 minutes via US-321, Lake Norman and Denver in about 20 minutes via NC-16, and Charlotte and CLT airport in roughly 45 minutes. Whether you’re growing your portfolio or buying your first income property, this one gives you income in place today and a clear path to more once the two rehabs are done. Buyer to verify all income, expenses and information.
| List Price: | $535,000 |
| Status: | For Sale |
| Bedrooms: | 14 |
| Type: | Eightplex+ |
| Parking: | Driveway, Parking Space(s) |
| MLS Number: | CAR4433474 |
| Subdivision: | none |
| Year Built: | 1970 |
| Sewer Type: | Shared Septic |
| Elementary: | Unspecified |
| Middle: | Unspecified |
| High: | Unspecified |
| Date | Event | Price | $/SQFT |
| 10-30-2026 | Listed | $535,000 | N/A |
These schools are only nearby your property search, you must confirm exact assigned schools.
| School Name | Distance | Grades | Rating |
| Charles H Tuttle Elementary | 2 miles | KG-06 | 7 |
| Maiden Elementary | 3 miles | KG-06 | 3 |
| Balls Creek Elementary | 5 miles | PK-05 | 8 |
| Iron Station Elementary | 7 miles | PK-05 | 6 |
| South Newton Elementary | 7 miles | PK-05 | 4 |
| Rock Springs Elementary | 8 miles | PK-05 | 9 |
Source is provided by local and state governments and municipalities and is subject to change without notice, and is not guaranteed to be up to date or accurate.
Mileage is an estimation calculated from the property results address of your search. Driving time will vary from location to location.
| Street Address | Distance | Status | List Price | Days on Market |
| 4624 Buff Park Road, Maiden NC | 0 mi | $535,000 | days | |
| 2419 Maiden Road, Maiden NC | 0.3 mi | $225,000 | days | |
| 4722 Chapel Road, Maiden NC | 0.5 mi | $314,500 | days | |
| 3857 Buffalo Shoals Road, Maiden NC | 0.5 mi | $448,500 | days | |
| 1468 Kinks Lane, Maiden NC | 0.6 mi | $599,995 | days | |
| 4081 Benny Shrum Lane, Maiden NC | 0.7 mi | $199,900 | days |
Mileage is an estimation calculated from the property results address of your search. Driving time will vary from location to location.
| Street Address | Distance | Property Type | Sold Price | Property Details |
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| Down Payment Amount | $990,000 |
| Mortgage Amount | $3,960,000 |
| Monthly Payment (Principal & Interest Only) | $19,480 |
* Expand Calculator (incl. monthly expenses)
| Property Taxes |
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| H.O.A. / Maintenance |
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| Property Insurance |
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| Total Monthly Payment | $20,941 |
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Transportation to Work |
Source is provided by local and state governments and municipalities and is subject to change without notice, and is not guaranteed to be up to date or accurate.
A Courtesy Listing Provided By EXP Realty LLC Mooresville
4624 Buff Park Road, Maiden NC is a ft2 on a 2.010 acres Appraisal lot. This is for $535,000. This has 14 bedrooms, baths, and was built in 1970.
Based on information submitted to the MLS GRID as of 2026-10-30 10:50:21 EST. All data is
obtained from various sources and may not have been verified by broker or MLS GRID. Supplied
Open House Information is subject to change without notice. All information should be independently
reviewed and verified for accuracy. Properties may or may not be listed by the office/agent
presenting the information. Some IDX listings have been excluded from this website.
Properties displayed may be listed or sold by various participants in the MLS.
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