101 Rowboat WayLittletonNC27850
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 Littleton at 101 Rowboat Way, Littleton, NC, 27850 offers a 7.71% rental yield on a $539,900 purchase with $3,469/mo rent. Total monthly income registers $3,469/mo, and a $2,643/mo payment leaves $5/mo available for distribution. Annual cash flow reaches $61/yr on $177,627 to close, and return on cash invested stands at 20.09% in year one. Equity gained on principal adds $3,484/yr while 5% annual appreciation supports $149,164 over five years. Portfolio math shows five-year ROI at 104.12% and total cumulative return in cash at $184,951. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,469/mo property income against a $2,643/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Townhouse
Built in 2021
1,742 sqft lot
$N/A/sqft
$173 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27850, Littleton, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,611 (100%) |
| Owner Occupied HU | 2,639 (47.0%) |
| Renter Occupied HU | 635 (11.3%) |
| Vacant Housing Units | 2,337 (41.7%) |
| Median Home Value | $297,533 |
| Average Home Value | $376,077 |
Housing Distribution
Address Breakdown
Residential
4,102
Single Family
4,102
Multi-Family
0
Businesses
231
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Nearby investment properties with comparable prices
Listed by: Amy Winstead • Fathom Realty NC, LLC
Mls Name: Doorify MLS
Mls Provider:
Mls ID: #10045615
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